UPDATE 1-Rosetta Stone Q4 beats Street, shares jump

* Q4 EPS $0.58 vs est $0.38

* Q4 rev $78.3 mln vs est $74.3 mln

* Sees Q1 adj EPS of $0.07-$0.09

* Sees FY 2010 adj EPS of $0.90-$1.00

* Shares up 13 pct after market

Feb 25 (Reuters) - Software maker Rosetta Stone Inc's (RST.N) quarterly results topped Wall Street expectations on strong demand from both consumers and institutions for its products, and the company forecast first-quarter and full-year revenue above estimates, sending its shares up 13 percent.

"Rosetta Stone's consumer business delivered solid results on the back of record demand, including unit volume that was 13 percent above the fourth quarter of last year," Chief Executive Tom Adams said in a statement.

The company forecast first-quarter revenue of $58 million to $60 million, higher than analysts' average estimate of $56.2 million, according to Thomson Reuters I/B/E/S.

It expects full-year revenue to be in a range of $286 million to $299 million, above analysts' expectations of $279.6 million.

The language training software maker expects to launch the next generation of its language-learning tool in the third quarter of the year.

The company is also developing an iPhone mobile application in the second half of 2010. This application, the Rosetta Stone Mini, is expected to cater to business travelers and tourists.

For the fourth quarter, Rosetta Stone earned $12.2 million, or 58 cents a share, compared with $4.9 million, or 29 cents a share, a year ago. Wall Street was expecting earnings of 38 cents a share.

Revenue rose 18 percent to $78.3 million, above analysts' expectations of $74.3 million.

Rosetta Stone shares were up 13 percent at $19.58 in trading after the bell. They closed at $17.34 Thursday on the New York Stock Exchange.

For the alerts, click on [ID:nWNAB2243] (Reporting by Deepti Govind in Bangalore; Editing by Unnikrishnan Nair)