Wowjoint Holdings Limited reported consolidated unaudited earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company reported total sales of USD 1.510 million compared to USD 5.355 million a year ago. Loss from operations was USD 0.837 million compared to income from operations of USD 0.297 million a year ago. Loss before income taxes was USD 0.823 million compared to income before income taxes of USD 0.190 million a year ago. Net loss attributable to the ordinary shareholders was USD 0.823 million compared to net income attributable to the ordinary shareholders of the company of USD 0.250 million a year ago. Basic and diluted loss per share was USD 0.10 compared to basic and diluted earnings per share of USD 0.03 a year ago.

For the nine months, the company reported total sales of USD 4.058 million compared to USD 20.387 million a year ago. Loss from operations was USD 2.723 million compared to income from operations of USD 2.158 million a year ago. Loss before income taxes was USD 2.088 million compared to income before income taxes of USD 1.970 million a year ago. Net loss attributable to the ordinary shareholders was USD 2.088 million compared to net income attributable to the ordinary shareholders of the company of USD 1.564 million a year ago. Basic and diluted loss per share was USD 0.26 compared to basic and diluted earnings per share of USD 0.20 a year ago. Net cash provided by operating activities was USD 0.389 million compared to USD 6.587 million a year ago. Purchase of property, plant and equipment were USD 1.902 million compared to USD 4.915 million a year ago.

The company announced revenue guidance for the fourth quarter of 2012 of approximately USD 2 to USD 3 million.