China Security & Surveillance Tech down despite robust Q4
Shares of China Security & Surveillance Technology, Inc. (NYSE: CSR) are in the red despite news after the close on Monday that the maker of digital spying technology increased its fourth-quarter revenue 106% to $84.17 million from $40.93 million a year earlier. The company also reported earnings of $0.38 per share, above the $0.36 per share projected by analysts.
At 3:33 p.m. ET, the stock was down $1.90, or 13%, to $13.05. For detailed price information and recent news stories about China Security & Surveillance, click CSR.
