“The economic slowdown is the big factor standing between Corel
Corp. and more profitable results, the software company said
yesterday.”
“We’re ahead of schedule in getting our costs where we want them
to be,” chief financial officer John Blaine said. “It’s the
uncertainty with revenues … “
“Corel confirmed its previously announced small profit of
$534,000 in the quarter ending Feb. 28 on sales of $32.5 million. A
year earlier it lost $12.4 million on on sales of $44.1
million.”
Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.
LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.
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