Research Solutions Posts Q2 EPS Of $0.03, Revenue Slips 1% To $11.8M
Research Solutions reported Q2 adjusted EPS of $0.03, matching estimates and reversing a year-ago $0.07 loss. Revenue fell 1% to $11.79M, missing forecasts by 2.8%, while shares have lost 14.6% year-to-date versus the S&P 500’s 1.4% gain.
1. Q2 Earnings Performance
Research Solutions delivered Q2 adjusted earnings of $0.03 per share, reversing a $0.07 per share loss in the prior-year quarter and exactly matching consensus estimates for the period.
2. Revenue Trend
The company posted Q2 revenue of $11.79 million, down 1% year-over-year and missing forecasts by roughly 2.8%, marking the second revenue shortfall in four quarters.
3. Stock Performance and Outlook
Shares have slid 14.6% year-to-date versus a 1.4% rise in the S&P 500, while analysts project $0.04 EPS on $13 million revenue for the next quarter, with future momentum hinging on management commentary.