TSR, Inc. Reports Financial Results for the Fourth Quarter and Fiscal Year Ended May 31, 2019.
TSR, Inc. (TSRI)
US:NASDAQ Investor Relations:
tsrconsulting.com/investor-relations.php
Company Research
Source: Business Wire
HAUPPAUGE, N.Y.--(BUSINESS WIRE)--TSR, Inc. (Nasdaq:TSRI), a provider of computer programming consulting services, today announced financial results for the fourth quarter and fiscal year ended May 31, 2019.For the quarter ended May 31, 2019, revenue decreased 4.9% from the same quarter last year to $15.6 million. Net loss attributable to TSR for the current quarter was $601,000 as compared to net income attributable to TSR of $137,000 in the prior year quarter. Additionally, net loss per share for the current quarter was $0.31 compared to net income per share of $0.07 in the prior year quarter.For the year ended May 31, 2019, revenue decreased 2.5% from last year to $63.3 million. Net loss attributable to TSR for the current year was $1,336,000 as compared to net income attributable to TSR of $486,000 in the prior year. Additionally, net loss per share for the current year was $0.68 compared to net income per share of $0.25 in the prior year.Christopher Hughes, CEO, stated, “Reve
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