Acorn International Reports Q4 EPS of $(0.32)

Acorn International, Inc. ATV today announced its unaudited financial results for the quarter and full year ended December 31, 2010.

Net revenues were $70.8 million, an increase of 18.6% compared to $59.7 million in the fourth quarter of 2009.

Diluted loss per American Depositary Share ("ADS") from continuing operations were $0.32 and $0.36 for the fourth quarters of 2010 and 2009, respectively.