TSR Inc. (NASD: TSRI) reported revenue rose 18.3 percent to $11.1 million in its fiscal third quarter ended Feb. 29, 2012, compared with the same period in the previous year. More consultants assigned to customers helped boost revenue at the Hauppauge, N.Y.-based information technology staffing provider. The average number of consultants on billing with customers rose to 270 in the quarter from 238 in the year-ago quarter.

Third-quarter gross margin narrowed to 15.5 percent from 17.4 percent in the year-ago quarter.

Net loss for the third quarter was $92,776 compared to a net loss of $66,820 in the third quarter of the previous year.

TSR Inc. (NASD: TSRI)
For the fiscal third quarter ended Feb. 29, 2012, compared with the same period in the previous fiscal year.
Revenue: $11.1 million, +18.3 percent
Net loss: $92,776 vs. a loss of $66,820