Cognigen, an Internet- enabled marketer of communications services, has released the financial results for the three months ended September 30, 2006. The Company realised revenue of USD 2,304,089 for the three months ended September 30, 2006, compared to revenue of USD 2,821,872 for the same period in 2005. Operating expenses for the quarter ended September 30, 2006, decreased approximately 13 per cent over the same period in 2005. Net income decreased from USD 46,117 for the period ended September 30, 2005, to a net income loss of USD 113,367 for the same period in 2006. Net cash provided by operations was USD 117,400 for the quarter ended September 30, 2006, compared to the USD 40,354 for the same period in 2005, as per a statement issued by the company.
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SDA India