TSR, Inc. (TSRI) Reports Q3 Loss of $0.04

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TSR, Inc. Reports Financial Results for the Third Quarter Ended February 28, 2015

April 9, 2015 5:00 PM EDT

HAUPPAUGE, N.Y.--(BUSINESS WIRE)-- TSR, Inc., (Nasdaq: TSRI) a provider of computer programming consulting services, today announced financial results for the third quarter ended February 28, 2015.

For the quarter ended February 28th, revenue increased 17.2% from the same quarter last year to $14.2 million. Net loss attributable to TSR decreased from $91,000 in the prior year quarter to $85,000 in the current quarter. Additionally, net loss per share decreased from $0.05 in the prior year quarter to $0.04 in the current quarter.

Joe Hughes, CEO, stated, Our revenue increased 17.2% for the third quarter reflecting continued... More