Research Solutions Reports Fiscal Third Quarter 2024 Results [Yahoo! Finance]
Research Solutions, Inc (RSSS)
NASDAQ:AMEX Investor Relations:
researchsolutions.investorroom.com
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Source: Yahoo! Finance
May 9, 2024 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ: RSSS), a trusted partner providing cloud-based workflow solutions to accelerate research for R&D-driven organizations, reported financial results for its fiscal third quarter ended March 31, 2024 Fiscal Third Quarter 2024 Summary (compared to prior-year quarter) Total revenue of $12.1 million , a 17% increase. Platform revenue up 76% to $4.0 million. Annual Recurring Revenue ("ARR") up 82% to $16.6 million, which includes approximately $11.7 million of B2B recurring revenue and $4.9M of B2C recurring revenue. Gross profit up 36%. Total gross margin improved 630 basis points to 45.2%. Net income of or per diluted share, compared to or per diluted share. Adjusted EBITDA of , a Company quarterly record, compared to Quarterly cash flow from operations of over $2 million , also a Company quarterly record, compared to $0.8 million "Our third quarter performance reflects the first full quarter of contribution from
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News
- Calculating The Fair Value Of Research Solutions, Inc. (NASDAQ:RSSS) [Yahoo! Finance]Yahoo! Finance
- Research Solutions, Inc. (NASDAQ:RSSS) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Research Solutions, Inc. (NASDAQ: RSSS) had its price target raised by analysts at Maxim Group from $5.00 to $6.00. They now have a "buy" rating on the stock.MarketBeat
- Research Solutions Reports Fiscal Third Quarter 2024 ResultsPR Newswire
- Research Solutions to Announce Third Quarter Fiscal 2024 Results on Thursday, May 9, 2024PR Newswire
RSSS
Earnings
- 5/9/24 - In-Line
RSSS
Sec Filings
- 5/13/24 - Form SC
- 5/13/24 - Form 10-Q
- 5/9/24 - Form 8-K
- RSSS's page on the SEC website