trending Market Intelligence /marketintelligence/en/news-insights/trending/d3JOigRM7GfVe6sV7NQlbQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Rosetta Stone Q1 loss narrows YOY

Blog

Q&A: Navigating Climate Risk as a Financial Risk

Blog

Bundling fixed & mobile services is still a popular strategy for operators in Western Europe especially in Portugal and Spain

Blog

Fintech Intelligence Newsletter: February 2021

PODCAST

Episode 5: The Future of Work - The World of Workforce Experience and Productivity


Rosetta Stone Q1 loss narrows YOY

Rosetta Stone Inc. said its first-quarter normalized net income amounted to a loss of 13 cents per share, compared with the S&P Capital IQ consensus estimate of a loss of 50 cents per share.

The per-share loss narrowed 66.7% year over year from 39 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of $2.8 million, compared with a loss of $8.2 million in the prior-year period.

The normalized profit margin climbed to negative 5.9% from negative 14.1% in the year-earlier period.

Total revenue declined 17.9% on an annual basis to $48.0 million from $58.4 million, and total operating expenses declined 23.2% on an annual basis to $53.7 million from $69.9 million.

Reported net income came to a loss of $7.4 million, or a loss of 34 cents per share, compared to a loss of $20.0 million, or a loss of 95 cents per share, in the year-earlier period.