FSI announces record Q3 revenue, record year to date revenue and record year to date earnings of $0.35 cents per share.
VICTORIA, BRITISH COLUMBIA, Nov. 14, 2022 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE Amex: FSI, FRANKFURT: FXT), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. Today the Company announces financial results for the third quarter (Q3) ended September 30, 2022.
- Today the Company announces financial results for the third quarter (Q3) ended September 30, 2022.
- Mr. Dan OBrien, CEO, states, This quarter is the third year over year record revenue quarter in a row.
- It results in a record year to date for both sales and profits.
- Earnings were affected by high raw materials and shipping costs in Q3 but both items are stabilizing.