Research Solutions Inc reports results for the quarter ended December 31 - Earnings Summary

Research Solutions

13/02/2025 22:50

* Research Solutions Inc  RSSS.OQ  reported a quarterly
adjusted
loss of 7 cents​​ per share for the quarter ended December 31,
lower than the same quarter last year, when the company reported
EPS of 1 cents.  The mean expectation of three analysts for the
quarter was for earnings of one cent per share. Wall Street
expected results to range from zero cents to 1 cents per share.
    * Revenue rose 15.5% to $11.91 million from a year ago;
analysts
expected $11.83 million. 
    * Research Solutions Inc's reported EPS for the quarter was
a loss
of 7 cents​.
    * The company reported a quarterly loss of $1.98 million.
    * Research Solutions Inc shares had fallen by 7.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 100.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "buy"

Wall Street's median 12-month price target for Research
Solutions Inc is $5.00 
This summary was machine generated from LSEG data February 13 at
10:49 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.01           -0.07          Missed
 Sep. 30 2024      0.00           0.02           Beat
 Jun. 30 2024      -0.06          -0.15          Missed
 Mar. 31 2024      0.02           0.00           Missed