OFLX's Q2 Earnings Slip Y/Y Amid Housing Market Slowdown
Despite higher sales, Omega Flex sees a year-over-year drop in Q2 earnings as rising costs and a weak housing market pressured margins.
Omega Flex ( OFLX ) Q2 Revenue Rises 4%
Omega Flex ( NASDAQ:OFLX ) , a supplier of flexible metal hoses and piping systems for construction, medical, and industrial end markets, released its second quarter 2025 financial results on July 30, 2025. The earnings announcement showed revenue ( GAAP ) of $25.5 million, up 3.7% from the prior ...
Omega Flex, Inc. Announces Second Quarter 2025 Earnings
EXTON, Pa., July 30, 2025 ( GLOBE NEWSWIRE ) -- Dean W. Rivest, CEO, announced that net sales of Omega Flex, Inc. ( the "Company" ) for the first six months of 2025 and 2024 were $48,855,000 and $49,836,000, respectively, decreasing $981,000 or 2.0%.
The Zacks Analyst Blog Highlights NVIDIA, Visa, Exxon Mobil, Omega Flex and Weyco Group
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NVDA, V, and XOM lead Zacks' top analyst picks with standout gains driven by AI, digital payments, and upstream strength.
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Second Quarter 2025
EXTON, Pa., June 18, 2025 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) ( NASDAQ: OFLX ) today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on July 10, 2025, to shareholders of record on June 30, 2025.
Omega Flex, Inc. Announces First Quarter 2025 Earnings
EXTON, Pa., April 30, 2025 ( GLOBE NEWSWIRE ) -- Dean W. Rivest, CEO, announced that net sales of Omega Flex, Inc. ( the "Company" ) for the first quarters of 2025 and 2024 were $23,330,000 and $25,216,000, respectively, decreasing $1,886,000 or 7.5%.
Omega Flex, Inc. Announces Regular Quarterly Dividend for the First Quarter 2025
EXTON, Pa., March 27, 2025 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) ( NASDAQ: OFLX ) today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on April 22, 2025, to shareholders of record on April 10, 2025.
Omega Flex, Inc. Announces Regular Quarterly Dividend for the First Quarter 2025 - Omega Flex ( NASDAQ:OFLX )
EXTON, Pa., March 27, 2025 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) OFLX today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on April 22, 2025, to shareholders of record on April 10, 2025.
Omega Flex Stock: Buy, Sell, or Hold?
The leader in flexible steel pipes and hoses remains a wobbly investment.
Omega Flex Stock Rises 8% Despite Q4 Earnings Falling Y/Y
OFLX sees lower Q4 earnings and sales but remains supported by a stable dividend and strong market position amid housing market challenges.
Omega Flex, Inc. Announces Fourth Quarter 2024 Earnings
EXTON, Pa., March 05, 2025 ( GLOBE NEWSWIRE ) -- Dean W. Rivest, CEO, announced that net sales of Omega Flex, Inc. ( the "Company" or "Omega Flex" ) ( Nasdaq: OFLX ) for 2024 and 2023 were $101,681,000 and $111,465,000, respectively, decreasing $9,784,000 or 8.8%.
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Fourth Quarter 2024
EXTON, Pa., Dec. 05, 2024 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) ( NASDAQ: OFLX ) today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on January 7, 2025, to shareholders of record on December 19, 2024.
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Fourth Quarter 2024 - Omega Flex ( NASDAQ:OFLX )
EXTON, Pa., Dec. 05, 2024 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) OFLX today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on January 7, 2025, to shareholders of record on December 19, 2024.
Omega Flex Q3 Earnings Decline Y/Y on Lower Demand, Higher Overheads
OFLX's Q3 earnings decrease as softening demand and higher fixed costs hit margins. Despite cost-cutting efforts, the company witnesses a 9.5% revenue drop and a 17.2% decline in net income.
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Third Quarter 2024
EXTON, Pa., Sept. 11, 2024 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) ( NASDAQ: OFLX ) today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on October 8, 2024, to shareholders of record on September 26, 2024.
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Third Quarter 2024 - Omega Flex ( NASDAQ:OFLX )
EXTON, Pa., Sept. 11, 2024 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) OFLX today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on October 8, 2024, to shareholders of record on September 26, 2024.
A Once-in-a-Decade Opportunity: 1 Magnificent Dividend Stock Down 74% to Buy Now and Hold Forever
Is it time for investors to capitalize on the cyclical nature of Omega Flex's operations?
Omega Flex ( OFLX ) Q2 Earnings Flat Y/Y, Cost-Cutting Measures Aid
Omega Flex's (OFLX) Q2 EPS holds steady at 45 cents despite a 4.7% sales decline. Effective cost management helped mitigate the impact of lower unit volumes and market challenges.
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Second Quarter 2024
EXTON, Pa., June 13, 2024 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on July 10, 2024, to shareholders of record on June 26, 2024.
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Second Quarter 2024 - Omega Flex ( NASDAQ:OFLX )
EXTON, Pa., June 13, 2024 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on July 10, 2024, to shareholders of record on June 26, 2024.
Zacks Initiates Coverage of Omega Flex With Neutral Recommendation
Discover why Zacks gives Omega Flex a 'Neutral' rating, being the first on Wall Street to initiate coverage on the stock. Dive into OFLX's impact in the global construction boom and its strong financial footing, set against the backdrop of a competitive, flexible hose market.
Omega Flex, Inc. Announces First Quarter 2024 Earnings
EXTON, Pa., May 01, 2024 ( GLOBE NEWSWIRE ) -- Dean W. Rivest, CEO, announced that net sales of Omega Flex, Inc. ( the "Company" or "Omega Flex" ) for the first quarters of 2024 and 2023 were $25,216,000 and $29,987,000, respectively, decreasing 15.9%.
Roblox, TAL Education And Other Big Stocks Moving Higher On Wednesday - Roblox ( NYSE:RBLX )
U.S. stocks were lower, with the Dow Jones index falling over 300 points on Wednesday. Shares of Roblox Corporation RBLX rose during Wednesday's session following reports the company has ramped up efforts to attract advertisers to its platform and made other moves to boost advertising sales.
Omega Flex, Inc. Announces Election of a Director: Stephen M. Shea
EXTON, Pa., April 09, 2024 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) ( NASDAQ: OFLX ) today announces that that our board of directors elected Stephen M. Shea as a director. Mr. Shea has been designated as a Class 2 director, and he will have a term expiring at the 2025 annual ...
Omega Flex, Inc. Announces Election of a Director: Stephen M. Shea - Omega Flex ( NASDAQ:OFLX )
EXTON, Pa., April 09, 2024 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) OFLX today announces that that our board of directors elected Stephen M. Shea as a director. Mr. Shea has been designated as a Class 2 director, and he will have a term expiring at the 2025 annual shareholder ...
Omega Flex, Inc. Announces Departure of a Director: Derek W. Glanvill
EXTON, Pa., April 05, 2024 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) ( NASDAQ: OFLX ) today announces that Derek W. Glanvill, a Class 2 director, has resigned from the board of directors of the Company, effective April 4, 2024.
Omega Flex, Inc. Announces Departure of a Director: Derek W. Glanvill - Omega Flex ( NASDAQ:OFLX )
EXTON, Pa., April 05, 2024 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) OFLX today announces that Derek W. Glanvill, a Class 2 director, has resigned from the board of directors of the Company, effective April 4, 2024. The Company thanks Mr. Glanvill for his service as a director and ...
Omega Flex, Inc. Announces Regular Quarterly Dividend for the First Quarter 2024
EXTON, Pa., March 28, 2024 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) ( NASDAQ: OFLX ) today announced that the Board of Directors declared a regular quarterly dividend of $0.33 per share payable on April 24, 2024, to shareholders of record on April 10, 2024.
Omega Flex, Inc. Announces Regular Quarterly Dividend for the First Quarter 2024 - Omega Flex ( NASDAQ:OFLX )
EXTON, Pa., March 28, 2024 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) OFLX today announced that the Board of Directors declared a regular quarterly dividend of $0.33 per share payable on April 24, 2024, to shareholders of record on April 10, 2024.
Omega Flex, Inc. Announces Fourth Quarter 2023 Earnings
EXTON, Pa., March 06, 2024 ( GLOBE NEWSWIRE ) -- Dean W. Rivest, CEO, announced that net sales of Omega Flex, Inc. ( the "Company" or "Omega Flex" ) for 2023 and 2022 were $111,465,000 and $125,487,000, respectively, decreasing 11.2%. Net sales for the fourth quarter of 2023 were 8.7% lower than ...
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This steady operator trades at a rare discount but should have long-term trends working in its favor.
Omega Flex, Inc. Board and Organizational Changes - Omega Flex ( NASDAQ:OFLX )
EXTON, Pa., Dec. 27, 2023 ( GLOBE NEWSWIRE ) -- We are pleased to announce that on December 7, 2023, on the recommendation of our Nominating/Governance Committee, effective January 1, 2024, our Board of Directors unanimously elected Edwin B.
Omega Flex, Inc. Board and Organizational Changes
EXTON, Pa., Dec. 27, 2023 ( GLOBE NEWSWIRE ) -- We are pleased to announce that on December 7, 2023, on the recommendation of our Nominating/Governance Committee, effective January 1, 2024, our Board of Directors unanimously elected Edwin B.
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Fourth Quarter 2023
EXTON, Pa., Dec. 06, 2023 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) ( NASDAQ: OFLX ) today announced that the Board of Directors declared a regular quarterly dividend of $0.33 per share payable on January 4, 2024, to shareholders of record on December 19, 2023.
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Fourth Quarter 2023 - Omega Flex ( NASDAQ:OFLX )
EXTON, Pa., Dec. 06, 2023 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) OFLX today announced that the Board of Directors declared a regular quarterly dividend of $0.33 per share payable on January 4, 2024, to shareholders of record on December 19, 2023.
Omega Flex, Inc. Announces Third Quarter 2023 Earnings
EXTON, Pa., Oct. 18, 2023 ( GLOBE NEWSWIRE ) -- Kevin R. Hoben, Chairman and CEO, announced that the Company's Net Sales for the first nine months of 2023 and 2022 were $83,318,000 and $94,670,000, respectively, decreasing $11,352,000 or 12.0%.
Omega Flex, Inc. Announces Departure of a Director: Mark F. Albino
EXTON, Pa., Sept. 29, 2023 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) today announces that Mark F. Albino has resigned from the board of directors of the Company, effective September 30, 2023. Since the Company became publicly traded in 2005, Mr. Albino was instrumental in its ...
Omega Flex, Inc. Announces Departure of a Director: Mark F. Albino - Omega Flex ( NASDAQ:OFLX )
EXTON, Pa., Sept. 29, 2023 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) today announces that Mark F. Albino has resigned from the board of directors of the Company, effective September 30, 2023. Since the Company became publicly traded in 2005, Mr. Albino was instrumental in its ...
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Third Quarter 2023
EXTON, Pa., Sept. 11, 2023 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) ( NASDAQ: OFLX ) today announced that the Board of Directors declared a regular quarterly dividend of $0.33 per share payable on October 6, 2023, to shareholders of record on September 25, 2023.
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Third Quarter 2023 - Omega Flex ( NASDAQ:OFLX )
EXTON, Pa., Sept. 11, 2023 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) OFLX today announced that the Board of Directors declared a regular quarterly dividend of $0.33 per share payable on October 6, 2023, to shareholders of record on September 25, 2023.
Omega Flex ( NASDAQ:OFLX ) Stock Rating Lowered by StockNews.com
Omega Flex ( NASDAQ:OFLX - Get Free Report ) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating in a note issued to investors on Friday. Shares of OFLX stock opened at $90.68 on Friday. The stock has a market cap of $915.32 million, a P/E ratio of 39.77 and a ...
Omega Flex, Inc. Announces Second Quarter 2023 Earnings
EXTON, Pa., July 19, 2023 ( GLOBE NEWSWIRE ) -- Kevin R. Hoben, Chairman and CEO, announced that the Company's Net Sales for the first six months of 2023 and 2022 were $55,822,000 and $63,041,000, respectively, decreasing $7,219,000 or 11.5%.
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Despite signs of easing, inflation remains above the Federal Reserve's target of 2%.
Omega Flex ( NASDAQ:OFLX ) Upgraded by StockNews.com to Buy
Omega Flex ( NASDAQ:OFLX - Get Rating ) was upgraded by investment analysts at StockNews.com from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Tuesday. OFLX opened at $107.00 on Tuesday. Omega Flex has a 52-week low of $77.28 and a 52-week high of ...
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Second Quarter 2023
EXTON, Pa., June 13, 2023 ( GLOBE NEWSWIRE ) -- Omega Flex, Inc. ( the "Company" ) ( NASDAQ: OFLX ) today announced that the Board of Directors declared a regular quarterly dividend of $0.33 per share payable on July 7, 2023, to shareholders of record on June 26, 2023.
Omega Flex ( NASDAQ:OFLX ) Downgraded by StockNews.com to "Hold"
Omega Flex ( NASDAQ:OFLX ) Downgraded by StockNews.com to ... Defense World ...
Omega Flex ( NASDAQ:OFLX ) Upgraded to "Buy" at StockNews.com
Omega Flex ( NASDAQ:OFLX - Get Rating ) was upgraded by StockNews.com from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Saturday. Shares of OFLX opened at $103.70 on Friday.
StockNews.com Lowers Omega Flex ( NASDAQ:OFLX ) to Hold
Omega Flex ( NASDAQ:OFLX - Get Rating ) was downgraded by equities research analysts at StockNews.com from a "buy" rating to a "hold" rating in a research note issued on Friday. Shares of NASDAQ:OFLX opened at $105.22 on Friday. Omega Flex has a 1-year low of $77.28 and a 1-year high of $128.51.
Omega Flex ( NASDAQ:OFLX ) Downgraded by StockNews.com to Hold
Omega Flex ( NASDAQ:OFLX ) Downgraded by StockNews.com to ... Defense World ...
