TSR, Inc. [TSRI] Good Earnings! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : TSR, Inc. [TSRI] Good Earnings!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SIer formerly known as Joe B. who wrote (221)	3/24/1998 3:23:00 PM
From: Renee Scherb	Read Replies (1) of 281

* TSR INC reported 3Q EPS of $0.17 vs $0.08 on revenues of $17.9 mln vs $13.0 mln last year. (Reuters 11:43 AM ET 03/23/98) * TSR INC said it remains confident of its prospects even though the pace of its Year 2000 business has failed to match its original estimates, due in part to growing competition and longer sales cycles. The company also warned of the unpredictable timing of customer orders for Year 2000 conversions, which could result in a possible uneven revenue flow. "At the present time, we have received less code from customers than we had expected based on clients' original estimates," Chairman Joe Hughes said in a statement. In addition, TSR is experiencing more intense competition, which in turn is creating a longer sales cycle, he added. (Reuters 01:05 PM ET 03/23/98)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next