In the third fiscal quarter of 2012, income from operations as a percentage of net revenue was 25.5 percent.
In the most recent quarter, income from operations as a percentage of net revenue was 22.9 percent.
Though its net revenue has shot up significantly—trading played a big role as well.
In the third fiscal quarter of 2011, income from operations as a percentage of net revenue was 25.9 percent.
The only practicable course is to classify as a whole the gross revenue and the net revenue for the entire service.
The net revenue so arising was to be paid into the Exchequer.
The figures for net revenue are less satisfactory, both in character and in the amounts indicated.
But now let us see what is the net revenue of this same United States.
In 1865 there were only twenty-one miles open for traffic, and they yielded no net revenue.
Since 1880 the total numbers have increased some 3½-fold, and the net revenue some 2½-fold.