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Breaking Economic News: Rosetta Stone to go public? |
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Rosetta Stone Inc., one of several prominent Harrisonburg-based technology companies, filed to raise up to $115 million in an initial public offering on Tuesday (9/23/2008).Of note from the MarketWatch report: "Rosetta Stone rang up net income of $2.9 million on revenue of $83 million in the six months ended June 30, compared to net income of $399,000 on revenue of $59.5 million in the year-ago period." Wow --- what an improvement in net income! This is likely to be great news for our local economy! Read more details/commentary at hburgnews.com. | |
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Scott Rogers
Coldwell Banker
Funkhouser Realtors
540-578-0102
scott@cbfunkhouser.com
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