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
Starbucks wants to be more efficient but it is risking the fragile loyalty of its most devoted customers. The ubiquitous chain plans a major push to get coffee lovers to use its mobile app to place their orders, but regulars prefer to buy their lattes by waiting in the queue. According to reports,... Taco Bell, the Mexican fast-food chain owned by Yum Brands Inc. (YUM), Thursday said it will start selling tortilla chips in grocery and convenience stores starting May. The chips will be available in Fire and Mild sauce packet flavors and also in a Classic flavor. "This launch of our first line... Meredith Corp. said Wednesday that it has decided to explore the sale of its Time, Sports Illustrated, Fortune, and Money brands. In addition, the company will cut 1,000 jobs over the next ten months as part of its plan to realize cost synergies from its acquisition of Time Inc. Further, Meredith has notified about 200 employees that their positions have been eliminated.
comments powered by Disqus
Follow RTT