InfoSonics Reports Q4 EPS of $0.05

InfoSonics Corporation IFON today announced results for its fourth quarter. InfoSonics reported net sales for the fourth quarter of 2010 of $14.5 million, compared to $61.7 million for the fourth quarter of 2009 and $8.2 million on a sequential basis for the third quarter of 2010. The net loss for the fourth quarter of 2010 was $725,000, or $0.05 per share, compared to a net loss of $2.2 million, or $0.15 per share, in the fourth quarter of 2009 and a loss of $2.0 million, or $0.14 per share, on a sequential basis for the third quarter of 2010.