Rosetta Stone (NYSE:RST) released its quarterly earnings data on Tuesday. The software maker reported ($0.31) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.41) by $0.10, MarketWatch Earnings reports. The business had revenue of $42.75 million during the quarter, compared to analyst estimates of $42.75 million.
Shares of NYSE:RST traded up $0.52 on Wednesday, reaching $18.76. 5,174 shares of the company’s stock were exchanged, compared to its average volume of 202,968. The stock has a market capitalization of $460.96 million, a price-to-earnings ratio of -81.39 and a beta of 0.28. Rosetta Stone has a fifty-two week low of $10.02 and a fifty-two week high of $21.54.
In other Rosetta Stone news, General Counsel Sonia Galindo sold 1,711 shares of the stock in a transaction on Monday, August 27th. The shares were sold at an average price of $16.06, for a total transaction of $27,478.66. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 12.80% of the stock is currently owned by corporate insiders.
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About Rosetta Stone
Rosetta Stone Inc, together with its subsidiaries, provides technology-based learning products in the United States and internationally. It operates through three segments: Literacy, E&E Language, and Consumer Language. The company develops, markets, and supports a suite of language-learning, literacy, and brain fitness solutions consisting of Web-based software subscriptions, perpetual software products, online and professional services, audio practice products, and mobile applications.
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