Rosetta Stone (RST) Tops Q3 EPS by 11c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/30/2026

1. INTC
2. AMZN
3. RDDT
4. PINS
5. COIN
6. FSLR
7. SYK
8. MA
9. FND
10. DASH

Go back to Rosetta Stone (RST) Tops Q3 EPS by 11c

Rosetta Stone Inc. Reports Third Quarter 2017 Results

November 2, 2017 4:16 PM EDT

ARLINGTON, Va., Nov. 02, 2017 (GLOBE NEWSWIRE) -- Rosetta Stone Inc. (NYSE: RST), a world leader in technology-based learning solutions, today announced financial results for the third quarter ended September 30, 2017. Revenue totaled $46.2 million, down 5% from $48.7 million in the year-ago period. The third quarter net loss improved to $3.2 million, or $(0.14) per diluted share, which included pre-tax charges of $1.9 million for inventory obsolescence (in cost of product revenue) associated with the switch from packaged perpetual products to subscription-based offerings and restructuring charges totaling $0.2 million. In the year-ago period, the Company had a net loss of $5.5 million, or $(0.25) per... More