Article: TSR, Inc. Reports Financial Results for the Quarter Ended August 31, 2009.(Financial report)

HAUPPAUGE, N.Y. -- TSR, Inc., (Nasdaq:TSRI) a provider of computer programming consulting services, today announced financial results for the first quarter ended August 31, 2009.

For the quarter ended August 31st, revenues decreased 25.2% from the same quarter last year to $9.1 million. Consolidated net income attributable to TSR shareholders decreased 70.7% from the comparable period to $63,000. Additionally, earnings per share decreased from $0.05 to $0.02.

Joe Hughes, CEO, stated, "Revenue for the quarter ended August 31, 2009 decreased 25.2% from the prior year period. The decrease in revenue resulted primarily from the average number of consultants ...






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