07.193.2007 - Corel GPS Program Creates New Opportunities for the Channel

Corel Corporation (NASDAQ:CREL; TSX:CRE) today reported financial results for its second quarter ended May 31, 2007. Revenues in the second quarter of fiscal 2007 were $65.0 million, an increase of 47% over revenues of $44.2 million in the second quarter fiscal 2006. GAAP net income in the second quarter of fiscal 2007 was $2.3 million, or $0.09 per share, compared to a GAAP net loss of $4.0 million, or $(0.19) per share, in the second quarter of fiscal 2006. - View Press Release - Visit Corel Corporation