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Stock impact report

Flexible Solutions Earnings Miss Estimates in Q3, Revenues Up Y/Y [Yahoo! Finance]

Flexible Solutions International Inc. (CDA) (FSI) 
NASDAQ:AMEX Investor Relations: flexiblesolutions.com/investor/default.aspx
Company Research Source: Yahoo! Finance
The figure missed the Zacks Consensus Estimate of 6 cents. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. FSI registered revenues of around $9.3 million for the quarter, up roughly 7% year over year. Flexible Solutions International Inc. price-consensus-eps-surprise-chart | Flexible Solutions International Inc. Quote Sales from FSI's Energy and Water Conservation products for the reported quarter climbed roughly 102% year over year to around $0.3 million. Sales were driven by higher customer orders. Sales of Biodegradable Polymers increased roughly 5% year over year to around $9 million in the quarter on increased customer orders. Flexible Solutions ended the quarter with cash of roughly $10.6 million, up around 56% from the prior quarter. Long-term debt was roughly $7.05 million, up around 16% sequentially. Flexible Solutions said it advanced its new food product opportunities and improved its existing business in the third quarter and expects t Show less Read more
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