Research Solutions Q3 Sales $12.115M Beat $11.938M Estimate
Portfolio Pulse from Benzinga Newsdesk
Research Solutions (NASDAQ:RSSS) reported Q3 sales of $12.115M, surpassing the analyst consensus estimate of $11.938M by 1.49% and marking a 17.14% increase from the same period last year.
May 09, 2024 | 10:11 pm
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Research Solutions reported a 17.14% increase in Q3 sales year-over-year, beating analyst estimates.
Beating sales estimates and showing significant year-over-year growth are strong indicators of a company's performance and often lead to positive investor sentiment. This outperformance could lead to a short-term increase in RSSS's stock price as the market reacts to the positive news.
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