09:48 AM EST - Titan Logix Corp. : reported that its second quarter net earnings and comprehensive income was $475,356 or $0.02 per share, compared to a loss of $205,740, or $0.01 per share in the second quarter of the previous fiscal year. Total expenses for the second quarter of fiscal 2009 ended February 28, 2009 were 17 per cent lower, down to $636,124 from $764,812 in the second quarter of the previous fiscal year. The lower total expense is primarily due to a recovery of product development costs and a substantial gain on foreign currency exchange. Sales for the quarter were $2.75 million, up from $1.61 million in the second quarter of the previous fiscal year. Titan Logix Corp.
shares V.TLA are trading even at $0.17.
