TRC Companies Inc. (TRR) reported that its fourth-quarter net loss applicable to common shareholders was $5.3 million or $0.27 per common share, compared to a net loss of $16.1 million or $0.86 per common share, for the comparable period in fiscal 2008.
The fourth quarter net loss included a $4.5 million income tax expense item that was recorded pursuant to the applicable accounting rule - Financial Accounting Interpretation No. 48 "Accounting for Uncertainty in Income Taxes." The net loss in the period also reflects the impact of two other non-cash charges totaling $0.7 million related to preferred stock accretion and an asset impairment charge related to an unconsolidated affiliate.
Net service revenue for the fourth quarter decreased to $63.6 million from $65.2 million for the fourth quarter of fiscal 2008.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.