TSR Inc. (NASD: TSRI), an information technology staffing firm, Friday reported revenue rose 4.6 percent to $9.4 million in its fiscal third quarter ended Feb. 28.

The Hauppauge, N.Y.-based firm reported gross margin improved to 17.4 percent from 17.2 percent in the year-ago quarter.

Net loss was $66,820, compared with a net loss of $5,736 in the same period last year. The company cited increased recruiting expenses, primarily due to the initial costs of hiring and training new recruiters, for the increased net loss. Higher attributable unemployment payroll taxes also contributed.

TSR Inc. (NASD: TSRI)
For the third quarter ended Feb. 28, 2011, compared with the same period in 2010.
Revenue: $9.4, +4.6 percent
Net loss: $66,280 vs. net loss of $5,736