Flexible Solutions' (FSI) Biodegradable Polymers sales rise in Q2 on higher customer orders.
Flexible Solutions International, Inc. (NYSE:FSI ) Q2 2024 Earnings Conference Call August 15, 2024 11:00 AM ET Company Participants Daniel O'Brien - CEO and Director Conference Call Participants Tim Clarkson - Van Clemens William Gregozeski - Greenridge Global Operator Good day, everyone, and welcome to today's Flexible Solutions International Second Quarter 2024 financials. At this time, all participants are in a listen-only mode.
Flexible Solutions International Inc. (FSI) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.07 per share a year ago.
The transaction improves Flexible Solutions' (FSI) liquidity at a time when its nutrition and food operations demonstrate great potential.
Increased cost of goods, reduced sales and product mix and exit costs related to the Naperville R&D facility hurt Flexible Solutions' (FSI) earnings in Q1.