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.
Reports 23 Percent Increase in ARR to $20.4 Million and 43 Net New Platform Deployments, Positive Net Income and Record Adjusted EBITDA and Cashflow HENDERSON, Nev., May 8, 2025 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ:RSSS), the leading AI-powered research workflow platform, reported financial results for its fiscal third quarter ended March 31, 2025. Fiscal Third Quarter 2025 Summary Total revenue of $12.7 million, compared to $12.1 million in the prior-year quarter.Platform revenue up 22% to $4.8 million. Platform revenue accounted for 38% of total revenue as compar
HENDERSON, Nev., April 29, 2025 /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 third quarter ended March 31, 2025, on Thursday, May 8, 2025, 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: Thursday
Reports 23 Percent Increase in ARR to $19.1 Million and 61 Net New Platform Deployments HENDERSON, Nev., Feb. 13, 2025 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ:RSSS), the leading AI-powered research workflow platform, reported financial results for its fiscal second quarter ended December 31, 2024. Fiscal Second Quarter 2025 Summary Total revenue of $11.9 million, a 15.5% increase from the prior-year quarter.Platform revenue up 47% to $4.6 million. Platform revenue accounted for 39% of total revenue as compared to 30% in the prior-year quarter.Annual Recurring Revenue
HENDERSON, Nev., Jan. 30, 2025 /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 second quarter ended December 31, 2024, on Thursday, February 13, 2025, 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 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
Advanced Citation Analysis & Filtering Tools Help Researchers Cut Through The Noise & Surface The Most Relevant, Trustworthy Studies HENDERSON, Nev., May 14, 2025 /PRNewswire/ -- Research Solutions (NASDAQ:RSSS), a leading provider of AI-powered scientific research tools, announces the integration of powerful new search capabilities into its Article Galaxy platform. This enhanced search functionality, powered by Scite (the AI platform acquired by Research Solutions in December 2023), allows researchers to search across citation statements from full-text articles—a significant advancement beyond traditional title and abstract searches.
Reports 23 Percent Increase in ARR to $20.4 Million and 43 Net New Platform Deployments, Positive Net Income and Record Adjusted EBITDA and Cashflow HENDERSON, Nev., May 8, 2025 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ:RSSS), the leading AI-powered research workflow platform, reported financial results for its fiscal third quarter ended March 31, 2025. Fiscal Third Quarter 2025 Summary Total revenue of $12.7 million, compared to $12.1 million in the prior-year quarter.Platform revenue up 22% to $4.8 million. Platform revenue accounted for 38% of total revenue as compar
HENDERSON, Nev., April 29, 2025 /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 third quarter ended March 31, 2025, on Thursday, May 8, 2025, 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: Thursday
New Model Delivers Substantial Performance Improvements In Quality & Depth HENDERSON, Nev., March 20, 2025 /PRNewswire/ -- Research Solutions (NASDAQ:RSSS), a leading provider of AI-powered scientific research tools, announces significant enhancements to its AI product, Scite Assistant, that will help enterprise customers get more accurate responses to complex research questions and tasks. A Leap Forward For AI-Driven R&D Scite differentiates itself from other AI tools by pairing proprietary citation data and exclusive access to scholarly content with powerful AI models. The l
New Solution Supports Growing Demand for AI-Enabled Research & Development Market, Enabling Research Efficiency To Meet Modern Demands HENDERSON, Nev., March 10, 2025 /PRNewswire/ -- Research Solutions (NASDAQ:RSSS), a leader in AI-powered scientific research software, announces the launch of an innovative solution that allows customers to purchase legal rights to use scientific journal content within AI applications. For articles from participating publishers, AI use rights can be acquired in the same checkout flow as purchasing articles on the platform and can be purchased retroactively for articles previously purchased.
New Tables Capability Transforms Research Data into Structured Insights for More Efficient Literature Analysis HENDERSON, Nev., Feb. 19, 2025 /PRNewswire/ -- Research Solutions (NASDAQ:RSSS), a leader in AI solutions built for researchers, announced the launch of Tables in Scite Assistant, a significant advancement in research capabilities that helps researchers automatically extract and analyze data from scientific literature. This enhancement reinforces Scite's position in the growing market for AI research platforms while introducing powerful new capabilities that drive user engagement and satisfaction.
Reports 23 Percent Increase in ARR to $19.1 Million and 61 Net New Platform Deployments HENDERSON, Nev., Feb. 13, 2025 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ:RSSS), the leading AI-powered research workflow platform, reported financial results for its fiscal second quarter ended December 31, 2024. Fiscal Second Quarter 2025 Summary Total revenue of $11.9 million, a 15.5% increase from the prior-year quarter.Platform revenue up 47% to $4.6 million. Platform revenue accounted for 39% of total revenue as compared to 30% in the prior-year quarter.Annual Recurring Revenue
HENDERSON, Nev., Jan. 30, 2025 /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 second quarter ended December 31, 2024, on Thursday, February 13, 2025, 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., Jan. 28, 2025 /PRNewswire/ -- Research Solutions (NASDAQ:RSSS), a leader in AI solutions built for researchers, announced today that usage of its AI-powered research platform, Scite, has grown by 250 percent year-over-year. This acceleration validates the unique differentiation in the Scite offering and is indicative of platform's growing adoption among academic customers and research organizations. This has come at a time when AI-related technology costs have decreased more than 50 percent, demonstrating the Company's operational efficiency in scaling its AI capabilities.
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
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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