02.49.2007 - Corel Corporation Reports Fourth Quarter and Fiscal Year End 2006 Results

OTTAWA, Jan 18, 2007 (BUSINESS WIRE) -- Corel Corporation (NASDAQ:CREL) (TSX:CRE) today reported financial results for its fourth quarter and year ended November 30, 2006. Revenues in the fourth quarter of fiscal 2006 were $47.4 million, an increase of 4% over revenues of $45.6 million in the fourth quarter fiscal 2005. GAAP net income in the fourth quarter of fiscal 2006 was $9.4 million, or $0.37 per diluted share, compared to a GAAP net loss of $3.4 million, or $(0.17) per share in the fourth quarter of fiscal 2005. - View Press Release - Visit Corel Corporation