Form SC 13G VERSAR INC Filed by: Frigate Ventures LP

Go back to Form SC 13G VERSAR INC Filed by: Frigate Ventures LP

Ebola-Related Stock Versar (VSR) Swings to Q1 Loss

November 5, 2014 9:03 AM EST

Versar (NYSE: VSR) reported Q1 EPS of ($0.01), versus $0.07 reported last year. Revenue for the quarter came in at $29.6 million, versus $29.1 million reported last year.

Increased Funded Backlog

As of September 26, 2014, Versar recorded funded backlog of approximately $223 million, an increase of 96% compared to $114 million of funded backlog at the end of fiscal year 2014. Additionally, subsequent to the quarter end, but prior to the federal government's fiscal year end, Versar was... More