LinuxPR: Corel Returns To Profitability in Second Quarter Fiscal 1999
Jun 21, 1999, 22:18 (0 Talkback[s])
"Best quarterly earnings in almost four years"
"Corel Corporation today announced results for its second
quarter ended May 31, 1999, which were consistent with its
preliminary release on June 18, 1999. Revenues for the second
quarter of fiscal year 1999 were $70.5 million, compared to $63
million in the second quarter of fiscal 1998. Net profit for the
quarter was $9.2 million or $0.14 per share fully diluted, compared
to a net loss of $8.3 million or ($0.14) per share in the same
period last year. Cash at the end of the quarter stood at $16.5
million. All figures are reported in US currency."