Green Touch Builders | Versar revenue up 22 percent
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February 5, 2015 By SEO Admin

Versar revenue up 22 percent

Springfield-based engineering contractor Versar Inc. saw higher quarterly revenue and earnings as it continues to offset the loss of construction work in Iraq with new contracting work at U.S. military bases.

Versar had fiscal 2015 second quarter revenue of $34.2 million, compared to $28 million in the same quarter a year ago. Net income was $277,000, or 3 cents per share, compared to $100,000, or 1 cent per share a year earlier.

Versar ended the quarter with a funded backlog of $245 million.

Among…

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