Research Solutions reports Q2 EPS (0c) vs. (1c) last year

Reports Q2 revenue $10.3M vs. $8.7M last year. “Our Q2 results reflect the continued execution of our plan and with the acquisition of Scite our ARR is now approximately $15.6M. We also experienced continued organic growth across our platform and transaction offerings, with net incremental ARR on the Article Galaxy platform being our best result in the last four quarters,” said CEO Roy Olivier. “In addition, we have greatly enhanced the offerings available within our Article Galaxy platform over the past six months with the addition of ResoluteAI and Scite. When combined with our existing products, these acquisitions add multiple new workflow and advanced search and discovery solutions that can be sold to new or existing customers. These new solutions materially increase our Total Addressable Market and as we further integrate the products together, we will be able to deliver unique value to our customers. Overall, we remain a critical piece of the research process and believe we are well-positioned to expand our user base as macroeconomic conditions improve.”