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TSR Inc. Reports Financial Results

NASDAQ (10/11/12)

TSR Inc. on Oct. 11 announced financial results for the fiscal first quarter ended Aug. 31. Revenue decreased 0.7% from the same quarter last year to $11.3 million. Net income (loss) attributable to TSR decreased from income of $47,000 in the prior-year quarter to a loss of $93,000 in the current quarter due to hiring for growth.