One was that losses in Europe fell significantly from the previous quarter.

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The Company markets this product through one of its Websites, at

The m2Meet is a community networking software solution, being developed from its Web based source code.

Its products include microprocessors cores, such as specific functions comprising video and graphics IP, fabric IP, embedded software, and configurable digital signal processing IP; physical IP components for the design and manufacture of integrated circuits, which comprise embedded memory, standard cell, and input/output components; software development tools that help software design engineers in the design and deployment of code, from applications running on open operating systems to low-level firmware.

The company also offers support, maintenance, and training services, as well as design consulting services.

There was an immense amount of good news and numbers delivered in the conference call Wednesday -- and it was indeed a highly profitable quarter.

Through all the good news, two things stuck out to me.

On June 18, 2012, Portlogic incorporated a wholly owned subsidiary, VOIP 1, Inc.

The Company hosts the portal software licensed to its customers on the Company�� own servers.

Earnings season is here again, an intense yet fun time for stock nerds like me.