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Technology Stocks : TSR, Inc. [TSRI] Good Earnings!
TSRI 13.33+0.3%Jun 14 4:00 PM EDT

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To: mrc who wrote (263)1/6/1999 9:12:00 PM
From: Susan Saline  Read Replies (2) of 281
Wednesday January 6, 5:23 pm Eastern Time

Company Press Release

TSR Inc. Reports Record Financial Results for the Quarter Ended November 30, 1998

HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Jan. 6, 1999--TSR, Inc., (Nasdaq:TSRI - news) a provider of computer programming consulting services, today announced financial results for the fiscal 1999 second quarter ending November 30, 1998.

Revenues and earnings per share for the quarter, which were quarterly records, showed strong improvement over the year-ago period and marked the twelfth straight quarter of year-over-year revenue and earnings growth.

For the second quarter which ended November 30th, revenues increased 24% over the same quarter last year to $21.7 million. Net income increased 47% over the comparable period to $1.3 million, or 22 cents per share (diluted).
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