Article: TSR, Inc. Reports Financial Results for the Quarter Ended November 30, 2008 and Declares Quarterly Dividend of $0.05 Per Share.

HAUPPAUGE, N.Y. -- TSR, Inc., (Nasdaq:TSRI) a provider of computer programming consulting services, today announced financial results for the quarter ended November 30, 2008.

For the quarter ended November 30th, revenues decreased 12.9% from the same quarter last year to $11.5 million. Consolidated net income decreased 41.8% from the comparable period to $220,000. Additionally, earnings per share decreased from $0.08 to $0.05.

The Company also announced that the Board of Directors had declared a cash dividend of $0.05 per share for its second fiscal quarter. The dividend will be payable February 9, 2009 to shareholders of record as of January 26, 2009. ...

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