Wowjoint Holdings Limited reported un-audited consolidated earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported revenues of $1.2 million as compared to $6.6 million in the first quarter of 2011. Operating loss was $1.0 million compared to operating income of $0.35 for the first quarter 2011. Net loss attributed to ordinary was $0.4 million or $0.00 per diluted share, compared to net income attributed to ordinary of $0.3 million or $0.04 per diluted share in same period 2011. Loss before income taxes of $0.4 million compared to income before income taxes of $0.4 million, net cash used in operating activities was $1.0 million compared to net cash provided by operating activities of $8.0 million and purchase of property, plant and equipment was $0.5 million compared to $10.5 million for the last year. The company issued revenue guidance for the second quarter of 2012 of approximately $1 to $2 million.