Seychelle Environmental Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended November 30, 2018
January 12, 2019
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Seychelle Environmental Technologies, Inc. reported earnings results for the third quarter and nine months ended November 30, 2018. For the quarter, revenue was $609,444, compared to $1,629,324 in the prior year’s fiscal quarter. Net loss was $126,258 or $0.00 per share, compared to prior year's fiscal quarter net income of $246,618, or $.01 per share.
For the nine months, revenue was $2,479,023, compared to $3,829,465 in the prior year’s nine month period. Net loss was $163,087 or $0.01 per share, compared to prior year's nine months’ Net income of $491,995, 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.