Research Solutions (NASDAQ:RSSS) Posts Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Key Points

• Research Solutions missed quarterly EPS expectations, reporting $0.02 per share versus the $0.04 analyst consensus. Revenue of $12.08 million slightly exceeded estimates of $11.95 million.
• RSSS shares fell $0.04 to $2.14, near the lower end of their 12-month range of $2.00 to $4.12. The company has a $71.58 million market capitalization and a 15.29 P/E ratio.
• Analysts maintain a consensus “Moderate Buy” rating, with an average price target of $3.83, despite recent target cuts. Institutional investors own 33.60% of the stock.

Research Solutions (NASDAQ:RSSS - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.02), FiscalAI reports. The firm had revenue of $12.08 million for the quarter, compared to analysts' expectations of $11.95 million. Research Solutions had a return on equity of 27.45% and a net margin of 9.28%.

Research Solutions Price Performance

RSSS stock traded down $0.04 during trading on Wednesday, hitting $2.14. The stock had a trading volume of 61,766 shares, compared to its average volume of 58,234. Research Solutions has a twelve month low of $2.00 and a twelve month high of $4.12. The company's 50-day moving average price is $2.23 and its two-hundred day moving average price is $2.31. The stock has a market capitalization of $71.58 million, a P/E ratio of 15.29 and a beta of 0.75.

Analyst Ratings Changes

A number of brokerages have weighed in on RSSS. Weiss Ratings reiterated a "hold (c-)" rating on shares of Research Solutions in a research report on Wednesday, August 12th. Maxim Group reduced their price target on Research Solutions from $5.00 to $4.00 and set a "buy" rating for the company in a report on Friday, May 15th. Roth Capital reiterated a "buy" rating and set a $3.50 price target on shares of Research Solutions in a research report on Friday, May 15th. Finally, Lake Street Capital cut their price objective on Research Solutions from $5.00 to $4.00 and set a "buy" rating for the company in a research report on Monday, May 18th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $3.83.

Institutional Trading of Research Solutions

Large investors have recently made changes to their positions in the company. Rothschild Wealth LLC purchased a new stake in shares of Research Solutions during the fourth quarter worth $1,049,000. Punch & Associates Investment Management Inc. grew its holdings in Research Solutions by 3.4% in the 3rd quarter. Punch & Associates Investment Management Inc. now owns 2,499,310 shares of the company's stock valued at $9,322,000 after buying an additional 81,210 shares in the last quarter. Ashford Capital Management Inc. purchased a new position in shares of Research Solutions during the 3rd quarter worth $186,000. Topline Capital Management LLC acquired a new position in shares of Research Solutions during the 2nd quarter valued at about $125,000. Finally, Vanguard Group Inc. boosted its position in shares of Research Solutions by 3.5% during the 3rd quarter. Vanguard Group Inc. now owns 1,254,142 shares of the company's stock valued at $4,678,000 after acquiring an additional 42,066 shares during the last quarter. 33.60% of the stock is currently owned by hedge funds and other institutional investors.

About Research Solutions

Research Solutions, Inc NASDAQ: RSSS is a provider of software and managed services that streamline access to and management of scientific, technical and medical research. The company's flagship platform automates the acquisition, licensing and delivery of journal articles, conference proceedings and other pay-walled content, enabling institutions to reduce administrative overhead and control subscription costs.

Key offerings include self-service workflows for document requests, enterprise-grade managed services for high-volume users, and analytics tools that deliver detailed reporting on spend, usage patterns and supplier performance.

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