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Research Solutions Inc - RSSS STOCK NEWS

Welcome to our dedicated news page for Research Solutions (Ticker: RSSS), a resource for investors and traders seeking the latest updates and insights on Research Solutions.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Research Solutions's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Research Solutions's position in the market.

Rhea-AI Summary
Research Solutions introduces AI-powered Clinical Trial Landscape software to enhance medical research with comprehensive data and analytics, aiming to streamline the clinical trial information discovery process.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.97%
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Rhea-AI Summary
Research Solutions (RSSS) launches Technology Landscape Module, utilizing AI to produce reports in minutes, streamlining research processes for R&D-driven organizations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.72%
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AI
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Rhea-AI Summary
Research Solutions, Inc. (NASDAQ: RSSS) reported a total revenue of $10.3 million, an 18.3% increase from the prior-year quarter. The Annual Recurring Revenue (ARR) reached $15.6 million, a 77% increase, with a net loss of $54,000. The company closed its acquisition of Scite, Inc. and experienced continued organic growth across its platform and transaction offerings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.78%
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Rhea-AI Summary
Research Solutions, Inc. (RSSS) 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. The call will be hosted by President and CEO Roy W. Olivier and CFO Bill Nurthen. A press release containing the financial results will be issued following the market close and prior to the call. The call will be broadcast live and available for replay via the investor relations section of the company's website. A replay of the conference call will be available after 8:00 p.m. Eastern time on the same day through March 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.33%
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Rhea-AI Summary
Research Solutions, Inc. (NASDAQ: RSSS) announced that its President and CEO, Roy W. Olivier, and CFO, Bill Nurthen, will participate in the 2024 Healthcare IT Virtual Conference. The conference, hosted by Maxim Group LLC and M-Vest, will take place on January 24th at 3:30 pm ET. Investors can register to listen to the presentation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.72%
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conferences
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Rhea-AI Summary
Research Solutions, Inc. (RSSS) acquires scite, adding $3.6 million in annualized software subscription revenue. The acquisition enhances product offerings and provides cross-selling opportunities to a diverse customer base of approximately 21,000 active subscribers. scite's Smart Citations and AI-powered chatbot, scite Assistant, offer unique research features and fact-checking capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.71%
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Rhea-AI Summary
Research Solutions, Inc. (NASDAQ: RSSS) announces participation in ROTH MKM 12th Annual Technology Conference and Southwest IDEAS Conference. The company will present at both events, offering insights into its cloud-based workflow solutions. Qualified investors can schedule a meeting with management for more information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.68%
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conferences
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Rhea-AI Summary
Research Solutions, Inc. (NASDAQ: RSSS) reported a 16% increase in total revenue to $10.1 million for the fiscal first quarter ended September 30, 2023. The company's ARR surpassed $11.0 million, with platform revenue up 29% to $2.6 million. However, the loss of ($988,000) or ($0.04) per share was reported, compared to net income of $215,000 or $0.01 per diluted share in the prior-year quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.68%
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Rhea-AI Summary
Research Solutions, Inc. (NASDAQ: RSSS) will hold a conference call to discuss its financial results for the fiscal 2024 first quarter. The call will be hosted by President and CEO Roy W. Olivier and CFO Bill Nurthen.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
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Rhea-AI Summary
Research Solutions, Inc. has entered into a cooperation agreement with the Investor Group, resulting in the termination of Mr. Derycz's employment and resignation from the board. The Investor Group has withdrawn its notice of intent to nominate director candidates. Both parties have agreed to standstill provisions and a general release of claims.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.34%
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none
Research Solutions Inc

Nasdaq:RSSS

RSSS Rankings

RSSS Stock Data

99.49M
21.81M
24.82%
33.71%
0.13%
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