Intellinetics Posts Q3 Profit Improvement, 67.1% Gross Margin
Intellinetics reported third-quarter revenue of $4.03 million, up 0.7% year over year, and a net loss of $239,163 compared with $369,765 a year earlier. Gross profit rose to $2.70 million as gross margin expanded to 67.1%, while operating loss narrowed to $245,484. Adjusted EBITDA was positive $144…