Rosetta Stone (RST) Misses Q2 EPS by 5c
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Rosetta Stone Inc. Reports Second Quarter 2015 Results
August 5, 2015 4:01 PM EDTNet Loss Narrows by 48% Reflecting 20% Growth in Enterprise & Education Segment Revenue, Driven by Lexia, Combined with Managements Actions to Reduce Costs
ARLINGTON, Va.--(BUSINESS WIRE)-- Rosetta Stone Inc. (NYSE: RST), a world leader in technology-based learning solutions, today announced financial results for the second quarter 2015. Revenue totaled $51.4 million, down $5.9 million compared to $57.3 million in the year-ago period. Net loss for the second quarter 2015 totaled $8.2 million, or $(0.38) per diluted share. In the year-ago period, net loss totaled $15.8 million, or $(0.74) per diluted share.
Second Quarter 2015 Overview
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