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TSR revenue rises 3%

October 11, 2010

TSR Inc. (NASD: TSRI), a Hauppauge NY-based information technology staffing firm, reported revenue of $9.4 million for its fiscal first quarter ended Aug. 31, 2010, an increase of 3.0% compared with the same period in the previous year.

Gross margin edged up to 18.2% from 18.1% in the year-ago quarter.

TSR reported first-quarter net income of $40,674, down 50.8% from $82,735 in the first quarter of the previous year.

TSR Inc. (NASD: TSRI)
For the fiscal first quarter ending Aug. 31, 2010, compared with the same period in the previous year.
Revenue: $9.4 million, +3.0%
Net income $40,674, -50.8%