TSR Inc. (NASD: TSRI), a Hauppauge, NY-based supplier of IT staffing, reported revenue was roughly flat at $15.2 million in its fiscal first quarter ended Aug. 31, up by $7,000 from the same period last year. The company reported the number of consultants on billing rose to 362 from 345 in the same period last year.

Quote

“The 362 consultants on billing for the current quarter include approximately 45 administrative workers that we placed with two large customers at billing rates lower than those charged for computer programming consultants,” said CEO Joe Hughes. “We did not make any placements of administrative workers in the prior year quarter; however, we made these placements of administrative workers at the customers’ specific requests. We charge lower daily billing rates for the administrative workers, but also pay lower rates to the administrative workers.”

Share price and market cap

Shares in TSR fell 0.46% in early afternoon trading today to $6.48, and TSR had a market cap of $12.7 million, according to Yahoo.