TECSYS Inc. (TCS.TO) reported earnings for first quarter that decreased from the same period last year and missed the Street estimates.
The company's earnings came in at $0.8 million, or $0.05 per share. This compares with $1.2 million, or $0.08 per share, in last year's first quarter.
Analysts on average had expected the company to earn $0.09 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 0.7% to $42.3 million from $42 million last year.
TECSYS Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $0.8 Mln. vs. $1.2 Mln. last year.
-EPS (Q1): $0.05 vs. $0.08 last year.
-Revenue (Q1): $42.3 Mln vs. $42 Mln last year.
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