Flexible Solutions (FSI) Q1 Earnings and Sales Lag Estimates
FSIFlexible Solutions International (FSI) zacks.com·2024-05-21 20:46

Flexible Solutions International Inc. (FSI) reported earnings of 4 cents per share in first-quarter 2024, down from 7 cents in the year-ago quarter. It missed the Zacks Consensus Estimate of 6 cents. The bottom line in the reported quarter was hurt by increased cost of goods, reduced sales and product mix as well as significantly higher depreciation and amortization expenses. The results were also impacted by higher stock-based compensation expenses and one-time costs associated with the closing of FSI’s Na ...