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12.11.2008 - Corel Corporation Updates Guidance for Fourth Quarter 2008 Results



View Corel related news. Based on preliminary results, Corel believes it will achieve fourth quarter fiscal 2008 revenue in the range of $68.5 million to $69.5 million. The Company also believes that it will achieve GAAP net income in the range of $(2.1) million to $(0.1) million and non-GAAP adjusted net income in the range of $7.6 to $9.6 million. The Company anticipates GAAP diluted earnings per share in the range of $(0.08) to $0.00 and non-GAAP diluted earnings per share in the range of $0.29 to $0.37. These financial results were prepared by management of the Company and are unaudited.

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NID: 25927 / Submitted by: TACKtech Team
Categories: Press Release
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