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

Research Solutions

10/11/2022 22:02

* Research Solutions Inc  RSSS.OQ  reported quarterly
adjusted
earnings of 1 cent​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for breakeven results per share.
    * Revenue rose 12.2% to $8.68 million from a year ago;
analysts
expected $8.20 million. 
    * Research Solutions Inc's reported EPS for the quarter was
1
cent​.
    * The mean earnings estimate of analysts was unchanged 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 fallen by 6.4% this
quarter and lost 22.4% so far this year.
    * The company reported quarterly net income of $214.57
million.
    * 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 Refinitiv data November
10 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.00           0.01           Beat
 Jun. 30 2022      -0.01          -0.02          Missed
 Mar. 31 2022      -0.01          -0.01          Met
 Dec. 31 2021      -0.01          -0.02          Missed