Streetbeat News

RSSS

Research Solutions, Inc.

https://www.researchsolutions.com

Industry

Software - Application

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.

Open

2.62

Mkt cap

84M

Volume

19K

High

2.63

P/E Ratio

-19.92

52-wk high

3.50

Low

2.58

Div yield

N/A

52-wk low

2.21

Research Solutions, Inc. (NASDAQ:RSSS) has entered into a cooperation agreement with Peter Derycz, Bristol Investment Fund, Ltd., Bristol Capital Advisors, LLC and Paul Kessler, who collectively own 5,921,930 shares of the company's common stock. As part of the agreement, Derycz's employment will be terminated and he will resign from the company's board of directors. The company will appoint a new independent director to fill the vacancy. The Investor Group has agreed to withdraw its notice of intent to nominate director candidates for the 2023 Annual Meeting of Shareholders and cease all solicitations of proxies and other activities in connection with the meeting.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:02 pm

Maxim Group analyst Allen Klee has reiterated a 'Buy' rating on Research Solutions (NASDAQ:RSSS) and maintained a $5 price target.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 2:41 pm

Roth MKM analyst Richard Baldry has reiterated a 'Buy' rating on Research Solutions (NASDAQ:RSSS) and maintained a price target of $4.35.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 2:31 pm

In Thursday's pre-market session, several information technology stocks showed significant movement. PFSweb (PFSW), Stronghold Digital Mining (SDIG), Ondas Holdings (ONDS), Glimpse Group (VRAR), Airspan Networks Hldgs (MIMO), and Research Solutions (RSSS) saw gains, with PFSweb leading with a 48.3% increase. On the other hand, MicroCloud Hologram (HOLO), WeTrade Group (WETG), Verb Tech (VERB), T Stamp (IDAI), Aurora Mobile (JG), and UTime (WTO) experienced losses, with MicroCloud Hologram leading the decline with a 9.4% decrease.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 1:05 pm

Several information technology stocks experienced significant movement in Wednesday's after-market session. Notable gainers included Research Solutions (RSSS), MMTEC (MTC), Alpine 4 Holdings (ALPP), Remark Hldgs (MARK), Wrap Technologies (WRAP), and Veritone (VERI). On the other hand, WeTrade Group (WETG), T Stamp (IDAI), Semtech (SMTC), FOXO Technologies (FOXO), BIT Mining (BTCM), and Hitek Global (HKIT) saw declines.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 9:31 pm

Research Solutions (NASDAQ:RSSS) reported Q4 earnings of $0.01 per share, beating the analyst consensus estimate of $(0.01) by 200 percent. This is a 150 percent increase over losses of $(0.02) per share from the same period last year. The company also reported quarterly sales of $9.96 million, beating the analyst consensus estimate of $9.70 million by 2.68 percent, a 16.33 percent increase over sales of $8.56 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:13 pm

Several companies are scheduled to report their quarterly earnings on September 13, 2023. These include Cracker Barrel Old, Coda Octopus Group, REV Group, SelectQuote, WisdomTree International LargeCap Dividend Fund, Burford Capital, Research Solutions, Champions Oncology, Iris Energy, Radiant Logistics, Semtech, Streamline Health Solns, MIND Technology, IBEX, and Ocean Power Techs.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 4:02 pm

Research Solutions (NASDAQ:RSSS) is set to release its latest quarterly earnings report on September 13, 2023. Analysts estimate an earnings per share (EPS) of $-0.01. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $2.31 and has seen a 24.86% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 2:02 pm

Research Solutions, Inc. (RSSS) has partnered with Clinitech India to transform medical education. The details of the partnership and its potential impact on the companies' operations and revenues are not specified in the article.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 6:29 pm

In Monday's pre-market session, several information technology stocks showed significant movement. Actelis Networks, Mawson Infra Gr, Neonode, WM Tech, Movella Holdings, and Research Solutions were among the gainers, with increases ranging from 5.09% to 26.4%. On the other hand, Airspan Networks Hldgs, Bridgeline Digital, XIAO-I, ZeroFox Holdings, ICZOOM Group, and Semantix were among the losers, with decreases ranging from 7.52% to 18.9%.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 1:06 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.