OTCPicks Featured Company: STEN Corporation (STEN) Reports 100 Percent Second Quarter Revenue Increase
The Minneapolis-based diversified business, STEN Corporation (STEN), announced that based upon results through February 2008, the revenue for the second quarter ending March 31, 2008 is expected to pass $4.2 million, which would double the company's first quarter revenue of fiscal 2008. With the current numbers and the ones previously announced, the company is anticipating their total revenue to exceed $15.0 million for the fiscal year ending September 30, 2008. That number would be three times that of last year's total revenue which was $4.6 million. These numbers are attributed from the company's management and independent auditors' customary quarterly review…