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Corel Corp. posts Q3 results above the Street

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Software company Corel Corp. (Nasdaq:CREL) posted third-quarter results this morning that trumped the consensus on Wall Street. The company also issued fourth-quarter guidance lower to inline with analysts’ estimates. For the full year, Corel guided for revenues above the Street with earnings slightly lower to above the consensus.

Shares were halted in pre-market trading. For detailed price information and news stories on Corel, click CREL.