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Rosetta Stone (RST -20.6%) crashes to an all-time low after reporting Q3 revenue of $64.2M (+5%...
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Friday, November 4, 2011, 10:30 AM ETRosetta Stone (RST -20.6%) crashes to an all-time low after reporting Q3 revenue of $64.2M (+5% Y/Y) and EPS of -$0.06; the latter beat by $0.07, but the former missed by $2.9M. The language software firm's bookings fell 10% Y/Y to $66M, and its ASP fell 18% to $326. Rosetta Stone expects Q4 revenue of just $64M-$70M, well below an $84.5M consensus.
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