China Fire & Security Group Reports Q4 EPS of $(0.08)

China Fire & Security Group, Inc. CFSG today announced its financial results for the fourth quarter ended December 31, 2010.

For the fourth quarter of 2010, the Company's revenue was $11.4 million, as compared to $16.9 million during the same period in 2009, representing a decrease of $5.5 million or 32.5%.

Net income was negative $2.1 million for the fourth quarter of 2010, as compared to $2.9 million for the same period of 2009. As a result, GAAP fully diluted EPS was negative $0.08 in the fourth quarter of 2010, versus $0.10 in the fourth quarter of the prior year.