Wowjoint Holdings Limited reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported total sales of $4,011,000 compared to $11,028,000 a year ago. Loss from operations was $64,000 compared to income from operation of $1,538,000 a year ago. Loss before income taxes were $400,000 compared to income before income taxes of $1,635,000 a year ago. Net loss attributed to ordinary shareholders was $340,000 compared to net income attributed to ordinary shareholders of $1,312,000 or $0.17 per basic and diluted share a year ago. For the full year, the company reported total sales of $24,398,000 compared to $24,062,000 a year ago. Income from operations was $2,094,000 compared to $637,000 a year ago. Income before income taxes were $1,570,000 compared to $731,000 a year ago. Net loss attributed to ordinary shareholders was $1,224,000 or $0.15 per basic and diluted per share compared to net income attributed to ordinary shareholders of $424,000 or $0.06 per basic and diluted per share a year ago. Net cash provided by operating activities were $8,016,000 compared to net cash used in operating activities of $3,898,000 a year ago. Purchase of property, plant and equipment was $10,526,000 compared to $1,779,000 a year ago. The company provided revenue guidance for the first quarter of 2012 of approximately $1 to $2 million. The first quarter tends to be a slower quarter historically for the company.