IGEN Networks Reports Record Quarterly Revenues and Gross Profits for Second Consecutive Quarter

ALEXANDRIA, VA, Nov. 25, 2015, IGEN, IGN, /CNW/ IGEN Networks Corp. (the Company or IGEN ) (OTCQB: IGEN) (CSE: IGN) has filed its Q3 2015 report which included the largest quarterly revenue in the Company s history for the second consecutive quarter. IGEN s quarterly revenues of $337,733 were up 17% from the previous quarter and up 26% from the similar quarter in 2014. For the nine-month period, revenues of $805,347 were a 55% increase over the similar period in 2014, and reflected record revenues over the nine-month period for the Company. The Company also reported record gross profits. Gross profits in the quarter grew to $121,683; an 18% increase over the previous quarter, though only marginally higher than the similar period in 2014. The numbers reflect increased volumes of lower-margin product in 2015. Over the nine-month period, the Company s gross profit was $285,658, up 21% over the same period in 2014. Quarterly gross margins were 36%, unchanged over the previous quarter, but
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