Renaissance Learning Misses Estimates (RLRN)

Renaissance Learning RLRN released second quarter earnings result on Monday after the opening bell. The company reported net income of $4.3 million or $0.15 per share compared to $4.1 million or $0.14 per share in the year ago period. This was below Wall Street EPS expectations of $0.17. Revenues were $31 million versus $28.5 million in last year's second quarter. Analysts' consensus revenue estimates for RLRN were set at $31.62 million. In the after hours trading session, the stock has fallen 3.51%.