Research Solutions, Inc., through its subsidiaries, provides cloud-based software-as-a-service research platform. The company is also involved in the transactional sale of published scientific, technical, and medical (STM) content managed, sourced, and delivered through the Transactions platform. Its solutions enable life science and other research intensive organizations to accelerate their research and development activities with access and management STM articles used throughout the intellectual property development lifecycle. The company was formerly known as Derycz Scientific, Inc. and changed its name to Research Solutions, Inc. in March 2013. Research Solutions, Inc. was founded in 2006 and is based in Henderson, Nevada.
IPO Year:
Exchange: NASDAQ
Website: researchsolutions.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/30/2021 | $4.34 | Buy | Roth Capital |
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SaaS Executive with Track Record of Accelerating Growth HENDERSON, Nev., Nov. 19, 2024 /PRNewswire/ -- Research Solutions (NASDAQ:RSSS), a pioneer in scientific content delivery, today announced the appointment of Sefton Cohen as Chief Revenue Officer. Cohen brings over two decades of experience scaling high-growth SaaS companies and will play a pivotal role in accelerating Research Solutions' transformation from a scientific content provider to a comprehensive AI-enabled research intelligence platform. "Sefton's proven track record of driving triple-digit growth in the SaaS i
Transforms Search and Discovery Solutions for Researchers by Delivering Breakthrough AI Technology Adds $3.6 Million in Annualized Software Subscription Revenue HENDERSON, Nev., Nov. 27, 2023 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ:RSSS), a trusted partner providing cloud-based workflow solutions to accelerate research for R&D-driven organizations, today announced their acquisition of scite, an award-winning search and discovery platform that leverages AI to increase the discoverability and evaluation of research. RSSS) acquires scite, an award-winning search and discovery platform." alt="Research Solutions, Inc.
SaaS Executive with Track Record of Accelerating Growth HENDERSON, Nev., Nov. 19, 2024 /PRNewswire/ -- Research Solutions (NASDAQ:RSSS), a pioneer in scientific content delivery, today announced the appointment of Sefton Cohen as Chief Revenue Officer. Cohen brings over two decades of experience scaling high-growth SaaS companies and will play a pivotal role in accelerating Research Solutions' transformation from a scientific content provider to a comprehensive AI-enabled research intelligence platform. "Sefton's proven track record of driving triple-digit growth in the SaaS i
Reports 60% Increase in ARR to $17.6 Million, Positive Net Income and Cash Flow, Adjusted EBITDA of $1.3 Million HENDERSON, Nev., Nov. 14, 2024 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ:RSSS), the leading AI-powered research workflow platform, reported financial results for its fiscal first quarter ended September 30, 2024. Fiscal First Quarter 2025 Summary Total revenue of $12.0 million, a 20% increase from the prior-year quarterPlatform revenue up 67% to $4.3 million. Platform revenue accounted for 36% of the revenue as compared to 26% in the prior year.Annual Recurri
HENDERSON, Nev., Nov. 4, 2024 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ:RSSS), the leading AI-powered research workflow platform, will hold a conference call to discuss its financial results for the fiscal 2025 first quarter ended September 30, 2024, on Thursday, November 14, 2024, at 5:00 p.m. ET. A press release containing the company's financial results will be issued following the market close and prior to the call. Research Solutions President and CEO Roy W. Olivier and CFO Bill Nurthen will host the conference call, followed by a question and answer period. Date:
HENDERSON, Nev., Oct. 8, 2024 /PRNewswire/ -- Scite, an award-winning platform within the Research Solutions (NASDAQ:RSSS) product family and used by more than one million students and researchers to discover and better understand scientific literature, has expanded its partnership with Karger Publishers. Karger, a prominent family-led biomedical and health science publisher, now features Scite's citation badges on each of its journal article pages across 100 medical journals on Karger.com. Karger joins over 40 major and mid-sized publishers as they collaborate with Scite to e
Rebrand Underscores Company's Purpose Statement of Advancing the World's Knowledge by Accelerating Research HENDERSON, Nev., Sept. 24, 2024 /PRNewswire/ -- Research Solutions (NASDAQ:RSSS), the leading AI-powered research workflow platform, unveils a new brand and product suite. The new identity reflects the company's deep integration of AI capabilities into their platform and its strategy to support the evolving needs of researchers in every industry. Research Solutions' new look and feel represents a commitment to accelerating progress through advancing the world's knowledge.
Reports 18% Revenue Increase, ARR of $17.4 Million and Record Cash Flow HENDERSON, Nev., Sept. 19, 2024 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ:RSSS), a trusted partner providing cloud-based workflow solutions to accelerate research for R&D-driven organizations, reported record financial results for its fourth quarter and full fiscal year ended June 30, 2024. Fiscal Fourth Quarter 2024 Summary (compared to prior-year quarter) Total revenue of $12.1 million, a 22% increase.Platform revenue up 86% to $4.3 million. Platform revenue accounted for 35% of the revenue as com
HENDERSON, Nev., Sept. 10, 2024 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ:RSSS), a pioneer in providing cloud-based workflow solutions for R&D driven organizations, will hold a conference call to discuss its financial results for its fourth quarter and full-year fiscal 2024 ended June 30, 2024, on Thursday, September 19, 2024, at 5:00 p.m. ET. A press release containing the company's financial results will be issued following the market close and prior to the call. Research Solutions President and CEO Roy W. Olivier and CFO Bill Nurthen will host the conference call, fo
HENDERSON, Nev., Aug. 22, 2024 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ:RSSS), a pioneer in providing cloud-based workflow solutions for R&D driven organizations, today announced that management will participate in a pair of upcoming investor conferences. Three Part Advisors Midwest IDEAS Conference August 28, 2024; Chicago, IL Group presentation at 3:00pm ET and 1-on-1 meeting format Webcast available at https://www.threepartadvisors.com/midwest Qualified investors interested in attending or learning more about the IDEAS conferences should contact Steven Hooser at (21
Expects Record Revenue and Income from Operations, Continued Strong Cash Flow HENDERSON, Nev., Aug. 19, 2024 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ:RSSS), a trusted partner providing cloud-based workflow solutions to accelerate research for R&D-driven organizations, announced selected preliminary financial results for its fiscal fourth quarter and fiscal year ended June 30, 2024. Based on preliminary unaudited information, Research Solutions expects the following results for its fiscal fourth quarter 2024: Total revenue to increase 22% to approximately $12.1 millionP
This highlights Research Solutions' commitment to improving the quality and accessibility of scientific research for academic institutions. HENDERSON, Nev., July 30, 2024 /PRNewswire/ -- Research Solutions (NASDAQ:RSSS), a trusted partner providing cloud-based workflow solutions to accelerate research for R&D-driven organizations, is proud to announce a significant partnership with Jisc, the UK digital, data, and technology agency focused on tertiary education, research, and innovation. This collaboration will make Scite's award-winning AI platform more affordable and accessib
Roth Capital initiated coverage of Research Solutions with a rating of Buy and set a new price target of $4.35
Maxim Group initiated coverage of Research Solutions with a rating of Buy and set a new price target of $6.00
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Reports 60% Increase in ARR to $17.6 Million, Positive Net Income and Cash Flow, Adjusted EBITDA of $1.3 Million HENDERSON, Nev., Nov. 14, 2024 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ:RSSS), the leading AI-powered research workflow platform, reported financial results for its fiscal first quarter ended September 30, 2024. Fiscal First Quarter 2025 Summary Total revenue of $12.0 million, a 20% increase from the prior-year quarterPlatform revenue up 67% to $4.3 million. Platform revenue accounted for 36% of the revenue as compared to 26% in the prior year.Annual Recurri
HENDERSON, Nev., Nov. 4, 2024 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ:RSSS), the leading AI-powered research workflow platform, will hold a conference call to discuss its financial results for the fiscal 2025 first quarter ended September 30, 2024, on Thursday, November 14, 2024, at 5:00 p.m. ET. A press release containing the company's financial results will be issued following the market close and prior to the call. Research Solutions President and CEO Roy W. Olivier and CFO Bill Nurthen will host the conference call, followed by a question and answer period. Date:
Reports 18% Revenue Increase, ARR of $17.4 Million and Record Cash Flow HENDERSON, Nev., Sept. 19, 2024 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ:RSSS), a trusted partner providing cloud-based workflow solutions to accelerate research for R&D-driven organizations, reported record financial results for its fourth quarter and full fiscal year ended June 30, 2024. Fiscal Fourth Quarter 2024 Summary (compared to prior-year quarter) Total revenue of $12.1 million, a 22% increase.Platform revenue up 86% to $4.3 million. Platform revenue accounted for 35% of the revenue as com
HENDERSON, Nev., Sept. 10, 2024 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ:RSSS), a pioneer in providing cloud-based workflow solutions for R&D driven organizations, will hold a conference call to discuss its financial results for its fourth quarter and full-year fiscal 2024 ended June 30, 2024, on Thursday, September 19, 2024, at 5:00 p.m. ET. A press release containing the company's financial results will be issued following the market close and prior to the call. Research Solutions President and CEO Roy W. Olivier and CFO Bill Nurthen will host the conference call, fo
Expects Record Revenue and Income from Operations, Continued Strong Cash Flow HENDERSON, Nev., Aug. 19, 2024 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ:RSSS), a trusted partner providing cloud-based workflow solutions to accelerate research for R&D-driven organizations, announced selected preliminary financial results for its fiscal fourth quarter and fiscal year ended June 30, 2024. Based on preliminary unaudited information, Research Solutions expects the following results for its fiscal fourth quarter 2024: Total revenue to increase 22% to approximately $12.1 millionP
Reports 17% Revenue Increase, ARR of $16.6 MillionPositive Net Income and Record Adjusted EBITDA HENDERSON, Nev., 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 millio
HENDERSON, Nev., April 30, 2024 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ:RSSS), a pioneer in providing cloud-based workflow solutions for R&D driven organizations, will hold a conference call to discuss its financial results for the fiscal 2024 third quarter ended March 31, 2024, on Thursday, May 9, 2024, at 5:00 p.m. ET. A press release containing the company's financial results will be issued following the market close and prior to the call. Research Solutions President and CEO Roy W. Olivier and CFO Bill Nurthen will host the conference call, followed by a question
Reports 18.3% Revenue Increase and ARR of $15.6 Million HENDERSON, Nev., Feb. 8, 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 second quarter ended December 31, 2023. Fiscal Second Quarter 2024 Summary Total revenue of $10.3 million, an 18.3% increase from the prior-year quarterPlatform revenue up 48% to $3.1 million. Annual Recurring Revenue ("ARR") up 77% to $15.6 million, which includes approximately $4.0 mil
HENDERSON, Nev., Jan. 31, 2024 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ:RSSS), a pioneer in providing cloud-based workflow solutions for R&D driven organizations, will hold a conference call to discuss its financial results for the fiscal 2024 second quarter ended December 31, 2023, on Thursday, February 8, 2024, at 5:00 p.m. ET. A press release containing the company's financial results will be issued following the market close and prior to the call. Research Solutions President and CEO Roy W. Olivier and CFO Bill Nurthen will host the conference call, followed by a q
Reports Full-Year GAAP Net Income, Record Adjusted EBITDA and 28% Increase in Platform Revenue HENDERSON, Nev., Sept. 13, 2023 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ:RSSS), a pioneer in providing cloud-based workflow solutions for R&D driven organizations, reported financial results for its fiscal fourth quarter and full year ended June 30, 2023. Fiscal Fourth Quarter 2023 Summary Total revenue increased 16% to $10.0 millionPlatform revenue up 22% to $2.3 million; Annual recurring revenue up 19% to $9.4 millionGross profit up 19% to the prior-year quarter; Total gros
Maxim Group analyst Allen Klee maintains Research Solutions (NASDAQ:RSSS) with a Buy and raises the price target from $5 to $6.
Research Solutions (NASDAQ:RSSS) reported quarterly sales of $12.115 million which beat the analyst consensus estimate of $11.938 million by 1.49 percent. This is a 17.14 percent increase over sales of $10.342 million the same period last year.
Lake Street initiates coverage on Research Solutions (NASDAQ:RSSS) with a Buy rating and announces Price Target of $5.
Powerful AI, combined with comprehensive data, simplifies the discovery and synthesis of clinical trial information to accelerate innovation in the medical fieldHENDERSON, Nev., April 15, 2024 /PRNewswire/ -- Research Solutions (NASDAQ:RSSS), a trusted partner providing cloud-based workflow solutions to accelerate research for R&D-driven organizations, today launches their new Clinical Trial Landscape software solution, making clinical trial information more accessible, insightful, and actionable. Clinical trials are essential research studies that assess the efficacy and safety of medical interventions, informing regulatory decisions, guiding healthcare practices, and advancing medical know
Gainers Veritone (NASDAQ:VERI) shares moved upwards by 21.0% to $6.06 during Tuesday's regular session. The company's market cap stands at $225.1 million. Cheetah Mobile (NYSE:CMCM) shares increased by 18.1% to $2.74. The market value of their outstanding shares is at $81.8 million. Research Solutions (NASDAQ:RSSS) shares increased by 15.92% to $3.3. The market value of their outstanding shares is at $107.7 million. OMNIQ (NASDAQ:OMQS) shares increased by 15.68% to $0.59. The market value of their outstanding shares is at $6.3 million. Datasea (NASDAQ:DTSS) shares rose 14.2% to $7.8. The company's market cap stands at $19.7 million. Semtech (NASDAQ:SMTC) stock moved upwards by 12.53% t
Research Solutions (NASDAQ:RSSS) reported quarterly sales of $10.31 million which beat the analyst consensus estimate of $9.79 million by 5.31 percent. This is a 18.32 percent increase over sales of $8.72 million the same period last year.
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Research Solutions (NASDAQ:RSSS) reported quarterly losses of $(0.04) per share which missed the analyst consensus estimate of $(0.03) by 33.33 percent. This is a 500 percent decrease over earnings of $0.01 per share from the same period last year. The company reported quarterly sales of $10.06 million which beat the analyst consensus estimate of $9.88 million by 1.83 percent. This is a 15.84 percent increase over sales of $8.69 million the same period last year.
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