Rosetta Stone (NYSE:RST) issued its quarterly earnings data on Wednesday. The software maker reported $0.10 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.28) by $0.38, Briefing.com reports. The firm had revenue of $44.79 million for the quarter, compared to the consensus estimate of $46.44 million. Rosetta Stone’s quarterly revenue was down 13.3% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.25) earnings per share.
Shares of Rosetta Stone (NYSE:RST) traded up $0.35 during trading on Wednesday, reaching $14.14. 212,753 shares of the company’s stock traded hands, compared to its average volume of 125,016. The company has a debt-to-equity ratio of -1.36, a current ratio of 0.62 and a quick ratio of 0.59. The company has a market capitalization of $315.31, a PE ratio of -32.88 and a beta of 0.69. Rosetta Stone has a 1 year low of $7.52 and a 1 year high of $14.21.
Several analysts have weighed in on the stock. ValuEngine raised shares of Rosetta Stone from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd. Zacks Investment Research cut shares of Rosetta Stone from a “buy” rating to a “hold” rating in a research note on Thursday, January 4th.
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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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