OFLX Omega Flex

Omega Flex, Inc. Announces Election of a Director: Stephen M. Shea

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 shareholder meeting. He will serve on our Audit committee.

Mr. Shea is currently the Executive Vice President and Chief Financial Officer of Mestek, Inc., the Company’s former parent corporation. He served as Mestek, Inc.’s principal financial and accounting officer prior to its going private transaction in 2006 and has over 30 years’ experience in the HVAC manufacturing industry. Mr. Shea was formerly a Certified Public Accountant with the Hartford, Connecticut accounting firm of Spitz, Sullivan, Wachtel & Falcetta, and he has a Master’s Degree in Taxation from the University of Hartford.

Contact: Dean W. Rivest

(610) 524-7272



EN
09/04/2024

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Reports on Omega Flex

 PRESS RELEASE

Omega Flex, Inc. Announces First Quarter 2025 Earnings

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 PRESS RELEASE

Omega Flex, Inc. Announces Regular Quarterly Dividend for the First Qu...

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.   In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisitions...

 PRESS RELEASE

Omega Flex, Inc. Announces Fourth Quarter 2024 Earnings

Omega Flex, Inc. Announces Fourth Quarter 2024 Earnings  OMEGA FLEX, INC. (OFLX) Twelve Months Ended December 31, Three Months Ended December 31,  2024 2023 2024  2023            Net Sales$101,681,000  $111,465,000  $26,965,000  $28,147,000            Net Income attributable to Omega Flex, Inc.$18,014,000  $20,763,000  $4,682,000  $4,889,000            Earnings Per Share – Basic and Diluted$1.78  $2.06  $0.46  $0.48            Weighted Average Shares – Basic and Diluted 10,094,322   10,094,322   10,094,322   10,094,322                  EXTON, Pa., March 05, 2025 (GLOBE NEWSWIRE) -- Dean...

 PRESS RELEASE

Omega Flex, Inc. Announces Regular Quarterly Dividend for the Fourth ...

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.   In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisi...

 PRESS RELEASE

Omega Flex, Inc. Announces Third Quarter 2024 Earnings

Omega Flex, Inc. Announces Third Quarter 2024 Earnings   OMEGA FLEX, INC. (OFLX)  Nine Months Ended September 30, Three Months Ended September 30,             2024  2023  2024  2023         Net Sales $74,716,000 $83,318,000 $24,880,000 $27,496,000                  Net Income attributable to Omega Flex, Inc. $13,332,000 $15,874,000 $4,617,000 $5,576,000                  Earnings Per Share – Basic and Diluted $1.32 $1.57 $0.46 $0.55                  Weighted Average Shares – Basic and Diluted  10,094,322  10,094,322  10,094,322  10,094,322          EXTON, Pa., Oct. 30, 2024 (GLOBE NEWSWIRE)...

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