Corel Misses Estimates
Corel(CORL Quote) posted sharply wider-than-expected fourth-quarter losses, but maintained that it expects to be profitable by the third quarter of this year amid stronger sales of its graphics software.
Nevertheless, Corel's shares slipped in morning trading on the Nasdaq, recently dwindling 15 cents, or 5.3%, to $2.81.![]() |
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