Seychelle Environmental Technologies, Inc. Announces Earnings Results for the First Quarter Ended May 31, 2018; Provides Sales Guidance for the Second Fiscal Quarter of 2019
July 16, 2018 at 09:00 am EDT
Share
Seychelle Environmental Technologies, Inc. announced earnings results for the first quarter ended May 31, 2018. For the quarter, the company reported revenue was $1,133,901 compared to $1,208,207 a year ago. Net income of $92,791 or $0.00 per share compared to $159,981, or $0.01 per share a year ago.
The company also provided sales guidance for the second fiscal quarter of 2019. For the quarter, the company expects increases in sales over most recent fiscal quarter and a strong potential for increased income.
Seychelle Environmental Technologies, Inc. is engaged in the clean water business. Through its line of sustainable and innovative filtration products, it provides water for everyone, everywhere, and in every situation. Its products remove a wide spectrum of aesthetic, chemical, and radiological contaminants. This includes tap water contaminants, like PFOA, PFOS, lead, chromium 6, chlorine, chloramines, and VOCs. Its radiological line removes gross beta, radon 222, alpha radium 226, plutonium, uranium, cesium 134 and 137. The Company offers products, including Bottles, Pitchers, Pumps, Showerheads, Straws, and Replacement Filters. The Company offers international lab testing on its products in countries, including the United States, Argentina, Australia, Brazil, China, Germany, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, Mexico, Myanmar, Nepal, New Zealand, Pakistan, Sri Lanka, Slovenia, South Africa, Tanzania, United Kingdom, and Vietnam.
Seychelle Environmental Technologies, Inc. Announces Earnings Results for the First Quarter Ended May 31, 2018; Provides Sales Guidance for the Second Fiscal Quarter of 2019