Rosetta Stone (RST) Tops Q2 EPS by 17c
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Rosetta Stone Inc. Reports Second Quarter 2017 Results
August 8, 2017 4:16 PM EDTARLINGTON, Va., Aug. 08, 2017 (GLOBE NEWSWIRE) -- Rosetta Stone Inc. (NYSE: RST), a world leader in technology-based learning solutions, today announced financial results for the second quarter ended June 30, 2017. Revenue in the second quarter 2017 totaled $45.9 million, up from $45.7 million in the year-ago period. The second quarter net loss totaled $1.1 million, or $(0.05) per diluted share. In the year-ago period, the Company had a net loss of $9.0 million, or $(0.41) per diluted share, which included (pre-tax) restructuring and impairment charges totaling $5.4 million.
Second Quarter 2017 Overview
Total revenue was essentially flat year-over-year at... More