Corel Posts A Mixed FY Q3 - Eric Savitz (Barron's)

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Corel Posts A Mixed FY Q3
Oct 01, 2009 08:36 PM UTC

Eric Savitz (Barron's)

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Symbol	Sentiment	Start	Return	Closed
CREL	n/a

Via BARRONS.com: Tech Trader Daily - Barron's Online:

Corel (CREL) this afternoon posted revenue for its fiscal third quarter ended August 31of $47.4 million, down from $66.2 million a year ago, and slightly the single estimate carried by Thomson First Call of $48.5 million. But the Ottawa-based software provider reported profits for the quarter of 27 cents a share, down from 39 cents a year ago, but above the single estimate at 18 cents.

In late trading, CREL is down 2 cents, at $2.90.

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