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

Research Solutions

11/05/2023 22:46

* Research Solutions Inc  RSSS.OQ  reported quarterly
adjusted
earnings of 1 cent​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was for a
loss of one cent per share.
    * Revenue rose 18.1% to $10.34 million from a year ago;
analysts
expected $9.82 million. 
    * Research Solutions Inc's reported EPS for the quarter was
1
cent​.
    * The mean earnings estimate of analysts had fallen by
about 200%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Research Solutions Inc shares had risen by 5.5% this
quarter and
gained 10.4% so far this year.
    * The company reported quarterly net income of $237
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 May
11 at 09:46 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.01          0.01           Beat
 Dec. 31 2022      0.00           -0.01          Missed
 Sep. 30 2022      0.00           0.01           Beat
 Jun. 30 2022      -0.01          -0.02          Missed