Rosetta Stone (RST) Releases Quarterly Earnings Results

Rosetta Stone (RST) Releases Quarterly Earnings Results


Rosetta Stone (RST) issued its quarterly earnings data on Wednesday. The company reported ($0.09) earnings per share for the quarter, beating the Thomson Reuters consensus estimate of ($0.28) by $0.19. The company’s quarterly revenue was up 8.3% on a year-over-year basis.
On a related note, analysts at Zacks Investment Research upgraded shares of Rosetta Stone from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, January 31st.
Rosetta Stone (RST) traded up 2.50% on Wednesday, hitting $9.03. Rosetta Stone (RST) has a 1-year low of $6.55 and a 1-year high of $16.15. The stock has a 50-day moving average of $8.26 and a 200-day moving average of $9.07. The company’s market cap is $192.1 million.
Rosetta Stone Inc. is a provider of rosetta stones panish version 3
technology-based language learning solutions. The Company develops, markets and sells language learning solutions consisting of software, wholesale
online services and audio practice tools primarily under its Rosetta Stone brand. Its teaching method, called as Dynamic Immersion, is designed to use the innate, natural language learning ability that children use to learn their native language. The Company’s courses are based on its interactive technologies and pedagogical content, and utilize a sequencing of images, text and sounds to teach a new language without translation or grammar explanation. rosetta stone
As of December 31, 2009, the Company offered its self-study language learning solutions in 31 languages. Its customers include individuals, educational institutions, armed forces, government agencies and corporations. On November 1, 2009, the Company acquired certain assets from SGLC International Co. Ltd., headquartered in Seoul, South Korea