Rosetta Stone Reports Net Income as Pivot to SaaS Model Continues

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Earlier this month, language software company Rosetta Stone Inc. (NYSE: RST) reported total revenue of $44.8 million in Q4 2017, a 13 percent decrease over Q4 2016 income of $51.7 million. Despite lower total revenue in the fourth quarter, Rosetta Stone reported net income of $2.4 million, or $0.10 per diluted share, a significant increase over a net loss of $5.6 million, or $(0.25) per diluted share, in the fourth quarter of 2016.

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