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02.06.2009 - Corel Corporation Reports Fourth Quarter and Fiscal 2008 Financial Results

View Corel related news. OTTAWA, Canada, Feb 06, 2009 (BUSINESS WIRE) -- Corel Corporation (NASDAQ:CREL; TSX:CRE) today reported financial results for its fourth quarter and year ended November 30, 2008. Revenues in the fourth quarter of fiscal 2008 were $69.4 million, a decrease of 4 percent over revenues of $72.4 million in the fourth quarter fiscal 2007. GAAP net income in the fourth quarter of fiscal 2008 was $1.2 million, or $0.05 per basic and diluted share, compared to GAAP net income of $3.3 million, or $0.13 per basic and diluted share, in the fourth quarter of fiscal 2007.

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NID: 26860 / Submitted by: TACKtech Team
Categories: Press Release
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