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Monday, November 23, 
7:36 pm

Rosetta Stone earnings preview, DigitalGlobe IPO

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Rosetta Stone Inc. (NYSE:RST) will report its earnings after the stock markets close Monday for the first time since becoming a public company. All eyes will be watching how the market continues to react to Rosetta, whose successful IPO in April has led many to hope that the IPO market is heating up at last.

Another closely watched IPO will be that of satellite image provider DigitalGlobe Inc., which is set to debut on the New York Stock Exchange on Thursday. The company originally filed to go public in April of last year. Now its offering may get a boost from the Obama administration's plans to use more commercial satellite imagery for intelligence gathering, says The Wall Street Journal.

Rosetta's $112.5 million IPO delivered private equity firms ABC Capital Partners and Norwest Equity Partners a paper profit of about 6 times their money in the foreign-language learning company. In its first day of trading, Rosetta's stock soared 40% to close at $25.12. The IPO priced at $18, above its targeted range of $15 to $17 a share. (The Deal Pipeline subscribers may read more about Rosetta's IPO here.) - Mary Kathleen Flynn


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