07.10.2009 - Corel Corporation Reports Second Quarter 2009 Financial Results

Corel Corporation (NASDAQ:CREL) (TSX:CRE) today reported financial results for its second quarter ended May 31, 2009. Revenues in the second quarter of fiscal 2009 were $50.4 million, compared to $67.0 million in the second quarter of fiscal 2008. GAAP net loss in the second quarter of fiscal 2009 was $4.1 million or $0.16 per basic and diluted share, compared to GAAP net income of $930,000, or $0.04 per basic and diluted share, in the second quarter of fiscal 2008. - View Press Release - Visit Corel Corporation