Tsr, Inc. Reports Earnings Results for the Second Quarter Ended November 30, 2020
January 19, 2021 at 05:05 pm
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TSR, Inc. announced earnings results for the second quarter ended November 30, 2020. For the second quarter, the company announced sales was USD 16.068 million compared to USD 15.233 million a year ago. Operating loss was USD 223,533 compared to operating Income of USD 64,254 a year ago. Net loss was USD 246,758 compared to net income of USD 61,512 a year ago. Basic loss per share from continuing operations was USD 0.13 compared to basic earnings per share from continuing operations of USD 0.03 a year ago. For the half year, sales was USD 30.582 million compared to USD 30.180 million a year ago. Operating loss was USD 163,750 compared to USD 849,699 a year ago. Net loss was USD 249,758 compared to USD 601,502 a year ago. Basic loss per share from continuing operations was USD 0.13 compared to USD 0.31 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.