Cognigen Networks, Inc. (OTC Bulletin Board: CGNW - News), the Seattle area based Internet- enabled marketer of communications services and certificated reseller, today announced its unaudited financial results for the three months ended September 30, 2006. The Company realized revenue of $2,304,089 for the three months ended September 30, 2006, compared to revenue of $2,821,872 for the same period in 2005. Operating expenses for the quarter ended September 30, 2006, decreased approximately 13% over the same period in 2005. Net income decreased from $46,117 for the period ended September 30, 2005, to a net income loss of $113,367 for the same period in 2006. Net cash provided by operations was $117,400 for the quarter ended September 30, 2006, compared to the $40,354 for the same period in 2005.
Cognigen Networks Reports Quarterly Financial Results:: Financial News - Yahoo! Finance
Way to go Cognigen! I hope this leads to continued success for the company! These results seem to have insurance for a solid future.
Jerry
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