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TSS LTD. REPORTS SECOND QUARTER RESULTS

 PROVIDENCE, R.I., Jan. 15 /PRNewswire/ -- TSS Ltd. (NASDAQ: TSSL) reported today revenues of $577,986 and a net loss of $621,485 or ($.03) a share for the second quarter of fiscal 1993 ended Nov. 30, 1992, compared to revenues of $579,808 and a net loss of $385,293 or ($.02) a share for the same quarter a year ago. Revenues for the six months ended Nov. 30, 1992 were $999,080 and the net loss was $1,350,717 or ($.06) a share compared to revenues of $584,706 and a net loss of $1,255,530 or ($.08) a share for the first six months of fiscal 1992.
 TSS LTD.
 Financial Highlights
 (unaudited)
 Three months Six months
 Periods ended Nov. 30 1992 1991 1992 1991
 Revenues $577,986 $579,808 $990,080 $584,706
 Net loss 621,485 385,293 1,350,717 1,255,530
 Net loss per share (.03) (.02) (.06) (.08)
 Shares outstanding
 (weighted) 22,028,069 15,476,433 22,028,069 14,644,693
 -0- 1/15/93
 /CONTACT: Michael A. Clark, president of TSS, Ltd., 401-421-8990; or John Swanson of Swanson Communications, Inc., 212-683-4890, for TSS/
 (TSSL)


CO: TSS Ltd. ST: Rhode Island IN: SU: ERN

TS-LR -- NY055 -- 5453 01/15/93 15:15 EST
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Publication:PR Newswire
Date:Jan 15, 1993
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