secwatch.observer — SEC 8-K summary
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Issuer:     Research Solutions, Inc. (RSSS)
CIK:        0001386301
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0001104659-23-059181
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Research Solutions Q3: revenue $10.3M, ARR $9.1M, net income turns positive
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- Revenue $10.3M (+18% YoY); Platform rev $2.2M (+26%); ARR $9.1M (+24%).
- Net income $237k ($0.01 EPS) vs loss of $341k ($0.01 loss) in prior-year Q3.
- Adjusted EBITDA $559k vs $94k; gross margin improved 190 bps to 38.9%.
- Cash flow from ops $0.8M Q3, $1.9M YTD vs -$0.4M prior YTD.
- Transaction customers 1,417 (+18.8% YoY); net platform deployments +25 to 815.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386301/000110465923059181/0001104659-23-059181-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386301/000110465923059181/tm2315548d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-059181

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer