| Type | Public |
|---|---|
| Traded as | NYSE: RST |
| Industry | Software development |
| Predecessor | Fairfield Language Technologies |
| Founded | Harrisonburg, Virginia, USA (1992) |
| Headquarters | Arlington, Virginia, USA |
| Area served | Worldwide |
| Key people | Tom Adams (CEO) Greg Keim (CTO) |
| Products | Rosetta Stone |
| Revenue | $252.3 million (2009) |
| Operating income | $20.5 million (2009) |
| Net income | $20.4 million (2009) |
| Total assets | $225.4 million (2009) |
| Total equity | $156.4 million (2009) |
| Owner(s) | ABS Capital Partners Northwest Equity Partners |
| Employees | 1,738 (2009) |
| Subsidiaries | Rosetta Stone (UK) Limited Rosetta Stone Japan Inc. |
| Website | rosettastone.com |
Rosetta Stone Inc. (NYSE: RST) is an American software company that develops Rosetta Stone, a language-learning software.
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Rosetta Stone, Ltd., formerly Fairfield & Sons, Ltd. d.b.a. Fairfield Language Technologies, has two subsidiary companies:
On April 15, 2009 Rosetta Stone raised $112 million dollars in its Initial Public Offering of stock, with shares valued at $18.00.[1] In its first full day of trading on the New York Stock Exchange, the stock performed strongly, closing at $25.12 per share, up 39% from its opening price.[2] After a strong opening, however, the stock stumbled amid reports of weaknesses in Rosetta Stone's US business, resulting in the cancellation of a second offering, and a disappointing year end price just 5 cents off its opening price.[3] The stock trades under ticker symbol RST.[1][2]
Rosetta Stone's software covers the following languages:[4]
In 2004, Rosetta Stone Ltd. established its Endangered Language Program to contract with endangered language communities interested in custom software development to support language revitalization efforts.[5]