WENR Corp. Reports Earnings Results for the First Quarter Ended March 31, 2012
August 01, 2012 at 07:15 am EDT
WENR Corp. reported earnings results for the first quarter ended March 31, 2012. For the quarter, the company's net income was $24,013. Adjusting for a 'one-time' income relating the purchase of the Elko cable system, the company has generated a record $596,188 for the quarter and a projected $2,384,752 in revenue on a yearly basis. This is a 6% increase in revenue from last year. The increase is primarily due to the increase of subscribers of its cable systems.