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Stock impact report

TSR, Inc. Reports Financial Results for the Second Quarter Ended November 30, 2017

TSR, Inc. (TSRI) 
US:NASDAQ Investor Relations: tsrconsulting.com/investor-relations.php
Company Research Source: Business Wire
HAUPPAUGE, N.Y.--(BUSINESS WIRE)-- TSR, Inc. (Nasdaq:TSRI), a provider of computer programming consulting services, today announced financial results for the second quarter ended November 30, 2017. For the quarter ended November 30, 2017, revenue increased 9.8% from the same quarter last year to $16.5 million. Net income attributable to TSR for the current quarter was $227,000 as compared to $126,000 in the prior year quarter. Additionally, net income per share for the current quarter was $0.12 compared to $0.06 per share in the prior year quarter. Christopher Hughes, CEO, stated, “Our revenue increased 9.8% for the second quarter reflecting revenue added primarily from providing an increased number of IT contractors to our clients. Although, gross profit as a percentage of revenue decreased, a decrease in selling, general and administrative expenses, along with the increased revenue, resulted in Show less Read more
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