ZST Digital Networks (ZSTN) Posts Q4 and FY 2010 Results, 2011 Guidance
ZST Digital Networks Inc., a major developer, manufacturer and supplier of cable systems and commercial GPS products and services in China, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2010. "Our strong financial results were driven by the rapid growth of our GPS products and services and the continued growth in our core IPTV market and cable TV equipment. Moreover, the growth in sales of our high margin GPS products and services and Standard Definition IPTV set-top boxes has helped to drive our bottom-line, resulting in a 117 percent year-over-year increase in net…