TSR, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended February 28, 2023
April 11, 2023 at 07:01 am EDT
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TSR, Inc. reported earnings results for the third quarter and nine months ended February 28, 2023. For the third quarter, the company reported sales was USD 24.26 million compared to USD 24.38 million a year ago. Net income was USD 0.07964 million compared to net loss of USD 0.046611 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to basic loss per share from continuing operations of USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to diluted loss per share from continuing operations of USD 0.02 a year ago.
For the nine months, sales was USD 76.49 million compared to USD 71.11 million a year ago. Net income was USD 1.25 million compared to USD 6.6 million a year ago. Basic earnings per share from continuing operations was USD 0.58 compared to USD 3.33 a year ago. Diluted earnings per share from continuing operations was USD 0.56 compared to USD 3.19 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.
TSR, INC. 
