Rosetta Stone (RST) Reports Q1 EPS of $0.02
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Rosetta Stone Inc. Reports First Quarter 2017 Results
May 9, 2017 9:00 AM EDTARLINGTON, Va., May 09, 2017 (GLOBE NEWSWIRE) -- Rosetta Stone Inc. (NYSE: RST), a world leader in technology-based learning solutions, today announced financial results for the first quarter ended March 31, 2017. Revenue in the first quarter 2017 totaled $47.7 million, a decline of $0.3 million from $48.0 million in the year-ago period. First quarter 2017 net income totaled $0.5 million, or $0.02 per diluted share. In the first quarter last year, the Company had a net loss of $7.5 million, or $(0.34) per diluted share. Included in the first quarter 2017 results were (pre-tax) restructuring charges totaling $0.8 million, compared to (pre-tax) restructuring charges totaling $2.5 million in the... More
