Research Solutions(RSSS)
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Research Solutions(RSSS) - 2026 Q2 - Quarterly Report
2026-02-13 21:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: December 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File No. 001-39256 RESEARCH SOLUTIONS, INC. (Exact name of registrant as specified in its charter ...
Research Solutions outlines API-driven transformation as B2B ARR climbs 14% amid AI integration focus (NASDAQ:RSSS)
Seeking Alpha· 2026-02-13 01:05
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Research Solutions Inc. (RSSS) Q2 Earnings Meet Estimates
ZACKS· 2026-02-12 23:31
Research Solutions Inc. (RSSS) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate . This compares to a loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced earnings of $0.03, delivering no surprise.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Research Solutions, which belong ...
Research Solutions(RSSS) - 2026 Q2 - Earnings Call Transcript
2026-02-12 23:02
Research Solutions (NasdaqCM:RSSS) Q2 2026 Earnings call February 12, 2026 05:00 PM ET Company ParticipantsDave Kutil - CFOJohn Beisler - Investor RelationsJosh Nicholson - CSORoy W. Olivier - President and CEOConference Call ParticipantsDerek Greenberg - Equity Research AnalystGeorge Melis - Equity Research AnalystJacob Stephan - Senior Research AnalystRichard Baldry - Managing Director and Senior Research AnalystJohn BeislerThank you, operator. Good afternoon, everyone. Thank you for joining us today for ...
Research Solutions(RSSS) - 2026 Q2 - Earnings Call Transcript
2026-02-12 23:02
Financial Data and Key Metrics Changes - Total revenue for Q2 fiscal 2026 was $11.8 million, a slight decrease from $11.9 million in Q2 fiscal 2025 [7] - Platform subscription revenue increased by approximately 14% to $5.2 million, driven by a net increase of 47 platform deployments [7] - Annual recurring revenue (ARR) reached $21.8 million, up 14% year-over-year, with B2B ARR at approximately $15.3 million and B2C ARR at about $6.4 million [7][8] - Gross profit for the quarter was $6.2 million, a 6% increase from the prior year, with a gross margin of 52.4%, reflecting a 350 basis point improvement [9] - Net income for the quarter was $547,000, or $0.02 per diluted share, compared to a net loss of $2 million in the prior year [11] Business Line Data and Key Metrics Changes - The B2B segment saw strong results in ARR bookings and net ARR bookings, with 47 net new deployments [5] - Transaction revenue for Q2 was $6.6 million, down from $7.3 million in the prior year, primarily due to churned accounts and volume reductions from larger customers [8] - The platform business recorded a gross margin of 88.1%, a 160 basis point increase compared to the prior year [10] Market Data and Key Metrics Changes - The total active customer count decreased to 1,321 from 1,384 year-over-year [8] - The company experienced increased competition in the B2C segment, impacting growth and conversion rates [4][8] Company Strategy and Development Direction - The company is focusing on B2B annual and multiyear agreements as the primary growth driver, while also making product and sales process improvements [5] - There is a strategic shift towards API and AI integration, evolving from a document delivery company to an answers and access platform [20][25] - The company aims to leverage its unique capabilities in data and rights management to support AI tools and enhance research efficiency [17][30] Management's Comments on Operating Environment and Future Outlook - Management expects continued pressure in B2C and transaction segments but anticipates stronger performance in B2B and overall profitability in the second half of the fiscal year [14][16] - The company is optimistic about its ability to grow cash balances while funding obligations from operating cash flow [12][14] - Management acknowledges the potential disruption from AI but believes their unique data capabilities will provide a competitive advantage [16][30] Other Important Information - The company has no outstanding borrowings on its revolving line of credit, providing additional balance sheet flexibility [13] - Cash flow from operations was $1.4 million, a 35% increase from the previous year, reflecting higher profitability and disciplined working capital management [12] Q&A Session Summary Question: Can you discuss the pipeline for B2B deals? - The pipeline has grown consistently, with many deals now being API integrations with larger customers, resulting in larger contracts [32] Question: What are the trends in B2C business? - There is increased competition in digital marketing, leading to lower conversion rates from trials to subscribers [33][34] Question: What are the top priorities for improvement? - Focus areas include operating expense management, understanding churn causes, and working capital management [38] Question: How is AI being utilized internally? - AI is being leveraged for software development and productivity improvements, enhancing efficiency across teams [44][50] Question: What is the market opportunity for infrastructure sales? - The ASP for infrastructure sales could be 20%-30% higher, with new pricing models being explored [53] Question: How is the relationship with smaller publishers developing? - There is a growing interest from smaller publishers in rights deals, with ongoing discussions to enhance collaboration [76][78]
Research Solutions(RSSS) - 2026 Q2 - Earnings Call Transcript
2026-02-12 23:00
Research Solutions (NasdaqCM:RSSS) Q2 2026 Earnings call February 12, 2026 05:00 PM ET Speaker4Thank you, operator. Good afternoon, everyone. Thank you for joining us today for the Research Solutions second quarter fiscal year 2026 earnings call. On the call with me today are Roy W. Olivier, President and Chief Executive Officer, Dave Kutil, Chief Financial Officer, and Josh Nicholson, Chief Strategy Officer. After the market closed this afternoon, the company issued a press release announcing its results f ...
Research Solutions(RSSS) - 2026 Q2 - Quarterly Results
2026-02-12 22:17
Exhibit 99.1 FOR IMMEDIATE RELEASE Research Solutions Reports Second Quarter Fiscal Year 2026 Results Reports 14% Increase in ARR to $21.8 Million, Net Income of $547,000 and 36% Year-over-Year Growth in Adjusted EBITDA HENDERSON, Nev., February 12, 2026 — Research Solutions, Inc. (NASDAQ: RSSS), the leading AI-powered research workflow platform, reported financial results for its fiscal second quarter ended December 31, 2025. Fiscal Second Quarter 2026 Summary (compared to prior-year quarter) "Our second q ...
Research Solutions Reports Second Quarter Fiscal Year 2026 Results
Prnewswire· 2026-02-12 21:05
Core Insights - Research Solutions, Inc. reported a 14% increase in Annual Recurring Revenue (ARR) to $21.8 million, with a net income of $547,000 and a 36% year-over-year growth in Adjusted EBITDA for the fiscal second quarter of 2026 [1][2] Financial Performance - Total revenue for the second quarter was $11.8 million, slightly down from $11.9 million in the prior year, primarily due to a decline in transaction revenue [1] - Platform revenue increased by 14% to $5.2 million, accounting for 44% of total revenue compared to 39% in the prior-year quarter [1] - Gross profit rose by 6% to $6.2 million, with total gross margin improving by 350 basis points to 52.4% [1] - Net B2B ARR growth was $560,000, marking the best organic second quarter performance in the company's history [1] - Adjusted EBITDA reached $1.3 million, up 36% from the previous year, with a trailing twelve-month Adjusted EBITDA of $5.8 million, representing 11.8% of revenue [1] Customer Metrics - The company achieved 47 net new deployments in the quarter, reflecting strong momentum in B2B customer acquisition [1] - The total number of active transaction customers decreased to 1,321 from 1,384 in the prior-year quarter [1] Operating Expenses - Total operating expenses decreased to $5.4 million from $5.7 million in the prior-year quarter, driven by reduced general and administrative costs [1] - Sales and marketing expenses increased by 22.7% year-over-year, indicating a focus on growth initiatives [1] Market Position - Research Solutions is positioned as a leading AI-powered research workflow platform, serving academic institutions, life science companies, and research organizations globally [2] - The company combines AI tools with access to both open access and paywalled research, enhancing the efficiency of scientific literature management [2]
Research Solutions to Announce Second Quarter Fiscal Year 2026 Results on Thursday, February 12, 2026
Prnewswire· 2026-01-29 19:50
HENDERSON, Nev., Jan. 29, 2026 /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 second quarter fiscal 2026 ended December 31, 2025, on Thursday, February 12, 2026, at 5:00 p.m. ET. A press release containing the Company's financial results will be issued following the market close. Management will host the conference call, followed by a question-and-answer period. Research Solution ...
Research Solutions Announces CFO Transition
Prnewswire· 2025-12-11 13:30
Group 1 - Research Solutions, Inc. announced the departure of its Chief Financial Officer, Bill Nurthen, effective December 10, 2025, to pursue another opportunity [1] - The Company has appointed Dave Kutil, its Controller since 2023, as the interim Chief Financial Officer and Secretary, bringing over 15 years of financial leadership experience [2] - The Chairman and CEO, Roy W. Olivier, expressed gratitude for Bill's contributions and confidence in Dave's ability to maintain continuity and production in his new role [3] Group 2 - Research Solutions, Inc. provides cloud-based technologies aimed at streamlining the process of obtaining, managing, and creating intellectual property [4] - The Company, founded in 2006, has developed the Article Galaxy SaaS research platform, which is utilized by over 70 percent of top pharmaceutical companies, prestigious universities, and emerging businesses [4] - The platform offers 24/7 customer support to facilitate access to the latest scientific research and data [4]