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FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE- AMERICAN: FSI), 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 top line revenue for third quarter (Q3), 2023.
Sales were lower in Q3, 2023 compared to Q3, 2022. Flexible Solutions' top line revenue decreased from $11.685 million (Q3, 2022) to $8.698 million (Q3, 2023), down approximately 26% year over year
Mr. Dan O'Brien, CEO, states, "Sales to existing customers were lower in the quarter and new customers are becoming more difficult to obtain due to economic uncertainty."
Complete financial results will be available after market close on Tuesday, November 14, 2023, concurrent with the Company's SEC third quarter filings. A conference call will be scheduled for 8:00 am Pacific Time, 11:00 am Eastern Standard Time, the following business day, Wednesday, November 15, 2023. See the FSI November 14, 2023 financials news release for the dial in numbers.
Posted In: FSI
