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Flexible Solutions Reports Higher Q1 Revenues - Quick Facts

Flexible Solutions International, Inc. (FSI: Quote) 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."

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by RTT Staff Writer

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