This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Rosetta Stone Inc. Reports Second Quarter 2012 Results

Rosetta Stone Inc. (NYSE:RST), a leading provider of technology-based language-learning solutions, today announced financial results for the second quarter 2012, as summarized below:

US$ thousands   Three Months Ended  
except per share data June 30, %
  2012       2011   change
Total revenue $ 60,812 $ 66,743 -9 %
Net income/(loss) (4,544 ) (4,550 ) 0 %
Net income/(loss) per share: ($0.22 ) ($0.22 ) 0 %
Adjusted EBITDA 1 $ 1,123 ($1,329 ) 184 %
Cash flow from operations 3,412 (2,939 ) 216 %
Purchases of property and equipment   (1,031 )   (2,814 ) -63 %

Free cash flow 1

2,381 (5,753 ) 141 %

1Definitions and reconciliations for all non-GAAP measures are provided in this press release.

“Second quarter results reflected the beginnings of our efforts to improve profitability by better balancing the need to generate positive margins on the bottom line with investments to drive growth,” said Steve Swad, Rosetta Stone’s President and Chief Executive Officer. Swad added, “We undertook a number of actions during the quarter that focused on resetting our cost structure to enable us to pursue profitable growth. Some of these actions included reducing and better managing our media spending, continuing to optimize our distribution channels, streamlining our European operations and carrying out a modest headcount reduction, primarily in the U.S. The end result was positive Adjusted EBITDA of $1.1 million, a $2.4 million improvement compared to last year’s second quarter result of negative $1.3 million.”

1 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs