Form 8-K VERSAR INC For: May 16

Go back to Form 8-K VERSAR INC For: May 16

Versar (VSR) Will Delay 10-Q Filing

May 17, 2016 6:23 AM EDT

Versar (NYSE: VSR) submitted a Form 12b-25 to delay its 10-Q submission on Tuesday. The following is from the filing:

The Company has experienced a significant change in its results of operations from the corresponding period for the last fiscal year as will be reflected by the earnings statements to be included in the Form 10-Q. The Companys revenue for the third quarter of fiscal year... More

Versar (VSR) Reports Q3 Loss of $0.34/Share

May 16, 2016 8:19 AM EDT

Versar (NYSE: VSR) reported Q3 EPS of ($0.34), versus $0.03 reported last year. Revenue for the quarter came in at $36.5 million, versus $39.8 million reported last year.

As of April 1, 2016, Versar recorded funded backlog of approximately $158 million, as compared to $179 million of funded backlog at... More