Rosetta Stone (NYSE:RST) released its quarterly earnings results on Wednesday. The software maker reported $0.10 earnings per share for the quarter, topping the consensus estimate of ($0.28) by $0.38, Briefing.com reports. The company had revenue of $44.79 million for the quarter, compared to analyst estimates of $46.44 million. During the same quarter last year, the company earned ($0.25) EPS. The firm’s revenue for the quarter was down 13.3% on a year-over-year basis.
Rosetta Stone (RST) traded up $0.35 during mid-day trading on Wednesday, reaching $14.14. 212,753 shares of the company’s stock were exchanged, compared to its average volume of 125,016. The firm has a market cap of $315.31, a P/E ratio of -32.88 and a beta of 0.69. The company has a debt-to-equity ratio of -1.36, a quick ratio of 0.59 and a current ratio of 0.62. Rosetta Stone has a 12 month low of $7.52 and a 12 month high of $14.21.
Several research analysts recently weighed in on the stock. ValuEngine upgraded shares of Rosetta Stone from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd. Zacks Investment Research downgraded shares of Rosetta Stone from a “buy” rating to a “hold” rating in a report on Thursday, January 4th.
Rosetta Stone Company Profile
Rosetta Stone Inc (Rosetta Stone) offers personalized language and reading programs. The Company’s solutions are used by schools, businesses, government organizations and individuals around the world. Its segments include Enterprise & Education, which derives revenues from sales to educational institutions, corporations and government agencies worldwide, and Consumer, which derives revenue from sales to individuals and retail partners.
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