Tsr, Inc. Reports Earnings Results for the Second Quarter Ended November 30, 2019
January 13, 2020 at 10:03 pm
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TSR, Inc. announced earnings results for the second quarter ended November 30, 2019. For the second quarter, the company announced sales was USD 15.233 million compared to USD 16.402 million a year ago. Operating income was USD 64,254 compared to operating loss of USD 123,749 a year ago. Net income was USD 61,512 compared to net loss of USD 96,741 a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to basic loss per share from continuing operations of USD 0.05 a year ago. For the half year, sales was USD 30.180 million compared to USD 32.983 million a year ago. Operating loss was USD 849,699 compared to USD 47,924 a year ago. Net loss was USD 601,502 compared to USD 58,946 a year ago. Basic loss per share from continuing operations was USD 0.31 compared to USD 0.03 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.