Rodman Reports Q4 EPS of $0.05 vs. $0.05

Rodman & Renshaw Capital Group, Inc. RODM today announced financial results for the fourth quarter and full year ended December 31, 2010. Revenue, excluding principal transactions, of $23.5 million, compared to $34.0 million and $18.4 million in the fourth quarter of 2009 and the third quarter of 2010, respectively. Net income of $1.2 million, or $0.03 per diluted share. Non-GAAP operating net income of $2.0 million, or $0.05 per diluted share and a 13% non-GAAP pre-tax operating margin. For the third quarter of 2010, the Company reported Non-GAAP operating net loss of $3.7 million, or $0.10 per diluted share.