The Globe and Mail reports in its Thursday, Nov. 9, edition that Canadian technology companies are starting to hit their profit targets. The Globe's Sean Silcoff writes that Thinkific Labs reported that, for the first time since going public, it had generated positive earnings. The surprise achievement makes Thinkific the third company, after Docebo last year and Lightspeed Commerce last week, to go into the black on adjusted earnings before interest, taxes, depreciation and amortization. D2L is expected to follow imminently. Thinkific's profitable turn came just days after Lightspeed reported that it had achieved positive adjusted EBITDA for the first time as a public company in its second quarter ended Sept. 30, likewise igniting its stock. Other Canadian publicly traded software companies have been shrinking their operating losses. On Monday, Coveo Solutions said its adjusted operating loss shrank to $1-million (U.S.) in its second quarter from $4.7-million (U.S.) a year earlier. Coveo also said that, after posting two straight quarters of positive operating cash flows, it was ahead of its commitment to achieve positive operating cash flow in its fiscal year starting next April 1.