Seychelle Environmental Technologies, Inc. Announces Earnings Results for the Second Quarter and Six Months Ended August 31, 2017
October 16, 2017 at 02:00 pm
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Seychelle Environmental Technologies, Inc. announced earnings results for the second quarter and six months ended August 31, 2017. For the fiscal quarter ended August 31, 2017, revenue was $991,934, compared to $728,232 in the prior year's fiscal quarter. The company had net income of $85,402 for the fiscal quarter ended August 31, 2017, or $0.00 per share, compared to prior year's fiscal quarter net loss of $148,466, or $0.01 per share.
For the six months ended August 31, 2017, revenue was $2,200,141, compared to $1,627,368 in the prior year's six month period. The company had net income of $245,384 for the six months ended August 31, 2017, or $0.01 per share, compared to prior year's six months' net loss of $592,811, or $0.02 per share.
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.