RTTNews | Jan 11, 2022 10:02AM EST

10:02 Tuesday, January 11, 2022 (RTTNews.com) - TSR, Inc. (TSRI) shares are trading more than 34 percent on Tuesday morning after the information technology consulting and recruiting services company reported profit for the second quarter compared to loss last year on 48.5 percent surge in revenues.

The company reported second-quarter net profit of $243K or $0.12 per share compared to net loss of $247K or $0.13 per share last year. Revenue for the quarter increased to $23.864 million from $16.069 million a year ago.

Currently, shares are trading at $12.04, up 34.34 percent from the previous close of $8.94 on a volume of 24,740,683. For the 52-week period, the shares have traded in a range of $6.20-$18.73 on average volume of 84,361.

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