Research Solutions Inc reports results for the quarter ended in June - Earnings Summary

Research Solutions

13/09/2023 22:01

* Research Solutions Inc  RSSS.OQ  reported quarterly
adjusted
earnings of 1 cent​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for breakeven results per share.
    * Revenue rose 16.3% to $9.96 million from a year ago;
analysts
expected $9.85 million. 
    * Research Solutions Inc's reported EPS for the quarter was
1
cent​.
    * The mean earnings estimate of analysts had risen by
about 100%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Research Solutions Inc shares had risen by 13.7% this
quarter and gained 20.8% so far this year.
    * The company reported quarterly net income of $376
thousand.
    * Wall Street's median 12-month price target for Research
Solutions Inc is $4.68 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
September 13 at 09:01 p.m. UTC. ​All figures in US dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.00           0.01           Beat
 Mar. 31 2023      -0.01          0.01           Beat
 Dec. 31 2022      0.00           -0.01          Missed
 Sep. 30 2022      0.00           0.01           Beat