TSR, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended November 30, 2013
January 10, 2014 at 05:00 pm EST
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TSR, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended November 30, 2013. For the quarter, the company reported revenue of $12,166,000 against $10,560,000 a year ago. Income from operations was $85,000 against loss from operations of $259,000 a year ago. Pre-tax income was $88,000 against pre-tax loss of $260,000 a year ago. Consolidated net income was $52,000 against net loss of $181,000 a year ago. Net income attributable to the company was $32,000 against Net loss attributable to the company of $182,000 a year ago. Net income per common share was $0.02 against LPS of $0.09 a year ago.
For the six months, the company reported revenue of $24,253,000 against $21,849,000 a year ago. Income from operations was $144,000 against loss from operations of $372,000 a year ago. Pre-tax income was $147,000 against pre-tax loss of $371,000 a year ago. Consolidated net income was $91,000 against net loss of $255,000 a year ago. Net income attributable to the company was $43,000 against Net loss attributable to the company of $276,000 a year ago. Net income per common share was $0.02 against LPS of $0.14 a year ago.
TSR, Inc. is a staffing company, which is focused on recruiting Information Technology (IT) professionals for short- and long-term assignments, permanent placements, project work and providing contract computer programming services to its customers. The Company provides its customers with technical computer personnel to supplement their in-house IT capabilities. Its contract computer programming services involve the provision of technical staff to customers to meet the specialized requirements of their IT operations. The Company has staffing capabilities in the areas of application development in .net and java, mobile applications for Android and IOS platforms, project management, IT security specialists, cloud development and architecture, business analysts, UI design and development, network infrastructure and support and database development and administration. The Company also provides contract administrative (non-IT) workers to support IT customers.