The nearly $500,000 gain in top line revenue came as cash flow from the radio operations dropped $312,000 to $1.1 million. Fisher says that is “the result of higher sales commissions, advertising and programming costs.” In the past, some Wall Street analysts have questioned the relatively small margins produced by Fisher, and in the latest quarter (April-June) the margins shrank to 17%. Fisher CEO Colleen Brown has been focusing on Internet operations, and particularly the more than 100 hyper-local websites. Today, Fisher reports Internet revenue more than doubling, to $826,000. That represents about 2.7% of the total TV-division revenue, which was $31.1 million. Fisher reports net income today of $328,000, a turnaround from last year’s loss of $2.1 million.