02:21 PM EST - Telehop Communications Inc. : reported fourth quarter net income of $253,762 or $0.02 per share, compared to net income of $402,109 or $0.03 per share in the same quarter last year. Quarterly revenues were $5.6 million, up from $5.5 million in the year-ago quarter. For the fiscal year, the company posted net earnings of $1.02 million or $0.08 per share, compared to net earnings of $611,065 or $0.05 per share in last year. Revenues for the year were $21.2 million, up from $20.8 million in the previous year. Telehop Communications Inc.
shares V.HOP are trading up 10 cents at $0.52.
