logo
Share SHARE
FONT-SIZE Plus   Neg

Flexible Solutions Reports Higher Q1 Revenues - Quick Facts

Flexible Solutions International, Inc. (FSI) Tuesday reported an increase in revenue for first quarter as compared to last year.

Total revenues for the quarter rose 19 percent to $5.20 million from $4.36million in the prior-year quarter. Revenues from oil extraction, agriculture and detergent industries were higher compared to last year.

FSI Chief Executive Officer Dan O'Brien said, "It is anticipated that revenue for full year 2012 will continue to track higher than 2011. I reiterate the recent full year revenue guidance of between 20 and 30 percent year over year."

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Nintendo has launched a new handheld gaming system Galaxy 3DS XL. The new game will combine portable gaming along with 3D technology. Priced at $199.99, it will be available on stores from this week. Mitsubishi Motors Corp. has suspended sales of eight car models in Japan after the country's Transport Ministry said the automaker overstated the fuel-economy figures for those models. Japan's Transport Ministry has ordered Mitsubishi to stop domestic sales of the eight vehicle models and submit correct fuel-economy readings for these vehicles The European Union's executive arm has ordered the Irish government to recover up to 13 billion euros, or $14.5 billion, in taxes from Apple Inc. The European Commission said it has concluded that Ireland granted the U.S. tech giant undue tax benefits of up to 13 billion euros, which is illegal under EU state aid rules. Shares of Apple are down 1 percent in pre-market activity.
comments powered by Disqus
Follow RTT