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

• 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)