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
HSBC is reportedly laying off about 100 of its senior investment bankers worldwide, as the banking giant strives to curb operating costs. According to reports, the London-headquartered bank will eliminate managing director and director level employees at the Global Banking and Markets division, as... Samsung Electronics Co., Ltd. (SMSN.L, SSNNF.OB, SSNLF.OB) will reportedly blame faulty batteries for last year's Galaxy Note 7 fiasco. According to a Wall Street Journal report, Samsung's investigation of Galaxy Note 7 smartphones found that some batteries were irregularly sized while others had... Federal investigators have closed their probe of a fatal crash that involved a Tesla Motors Inc. car eight months ago. The regulators said they have found no safety defects in the vehicle's automated driving system and that Tesla's Autopilot-enabled vehicles did not need to be recalled.
comments powered by Disqus
Follow RTT