Research Solutions (NASDAQ:RSSS) Announces Earnings Results, Misses Estimates By $0.09 EPS

Research Solutions (NASDAQ:RSSS) announced its quarterly earnings results on Thursday. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.09), Zacks reports. Research Solutions had a negative net margin of 4.57% and a positive return on equity of 8.43%.

Research Solutions Price Performance

NASDAQ:RSSS traded up $0.08 during mid-day trading on Thursday, reaching $3.91. 79,031 shares of the company’s stock traded hands, compared to its average volume of 135,256. Research Solutions has a 12-month low of $2.38 and a 12-month high of $4.24. The firm has a market capitalization of $128.33 million, a price-to-earnings ratio of -48.88, a PEG ratio of 5.03 and a beta of 0.54. The company has a 50 day moving average price of $3.91 and a 200-day moving average price of $3.19.

About Research Solutions

Research Solutions, Inc, through its subsidiaries, provides research cloud-based software-as-a-service software platform and related services to corporate, academic, government and individual researchers in the United States, Europe, and internationally. It provides Discover platform that facilitates search discovery across virtually all scientific, technical, and medical (STM) articles available, including free basic search solutions and advanced search tools, which include the Resolute.ai and scite.ai products, a tools that allows for searching and identifying relevant research and find insights in other datasets adjacent to STM content, such as clinical trial, patent, life science and medtech regulatory information, competitor and technology landscape insights in addition to searching the customer’s internal datasets.