Research Solutions Inc reports results for the quarter ended September 30 - Earnings Summary

Research Solutions

15/11/2024 14:09

* Research Solutions Inc  RSSS.OQ  reported quarterly
adjusted
earnings of 2 cents​​ per share for the quarter ended September
30, higher 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 breakeven results per share. Wall Street
expected results to range from -1 cents to 1 cents per share.
    * Revenue rose 19.7% to $12.04 million from a year ago;
analysts
expected $11.90 million. 
    * Research Solutions Inc's reported EPS for the quarter was
2
cents​.
    * The company reported quarterly net income of $669
thousand.
    * Research Solutions Inc shares had risen by 2.6% this
quarter and
gained 7.7% so far this year.

FORECAST CHANGES
    * 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 November 15 at
02:09 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
 Sep. 30 2024      0.00           0.02           Beat
 Jun. 30 2024      -0.06          -0.15          Missed
 Mar. 31 2024      0.02           0.00           Missed
 Dec. 31 2023      0.00           0.01           Beat