TSR, Inc. Reports Financial Results for the Fourth Quarter and Fiscal Year Ended May 31, 2016
HAUPPAUGE, N.Y.-- TSR, Inc., (TSRI) a provider of computer programming consulting services, today announced financial results for the fourth quarter and fiscal year ended May 31, 2016.
For the quarter ended May 31st, revenue increased 3.6% from the same quarter last year to $15.5 million. Net income attributable to TSR for the current quarter was $169,000 as compared to $112,000 in the prior year quarter. Additionally, net income per share for the current quarter was $0.09 compared to $0.06 per share in the prior year quarter.
For the year ended May 31st, revenue increased 6.3% from last year to $61.0 million. Net income attributable to TSR increased from $193,000 in the prior year to net income of $399,000 in the current year. Additionally, net income per share increased from $0.10 to $0.20 per share.
Read more: TSR Inc ( TSRI )
Category: High Tech
Published: 29 July 2016
Written by Editor