Research Solutions (OTCMKTS:RSSS) Announces Earnings Results

Research Solutions (OTCMKTS:RSSS) announced its quarterly earnings results on Thursday. The industrial products company reported ($0.03) EPS for the quarter, Bloomberg Earnings reports. The business had revenue of $7.53 million for the quarter. Research Solutions had a negative net margin of 2.94% and a negative return on equity of 35.67%.

RSSS stock traded up $0.05 during midday trading on Friday, reaching $3.55. 17,080 shares of the company’s stock traded hands, compared to its average volume of 4,442. The company has a market cap of $87.14 million, a price-to-earnings ratio of -118.33 and a beta of 1.04. The firm’s fifty day moving average price is $3.48 and its 200-day moving average price is $2.92. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.02. Research Solutions has a 52 week low of $1.90 and a 52 week high of $4.00.

About Research Solutions

Research Solutions, Inc, through its subsidiaries, provides annual licenses that allow customers to access and utilize features of cloud based software-as-a-service research intelligence platform. The company is also involved in the transactional sale of published scientific, technical, and medical content managed, sourced, and delivered through the Transactions platform.

Read More: How is a buy-side analyst different from a sell-side analyst?

Earnings History for Research Solutions (OTCMKTS:RSSS)

Receive News & Ratings for Research Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Research Solutions and related companies with MarketBeat.com's FREE daily email newsletter.