reports
Omega Flex, Inc. Announces Second Quarter 2025 Earnings
Omega Flex, Inc. Announces Second Quarter 2025 Earnings EXTON, Pa., July 30, 2025 (GLOBE NEWSWIRE) -- OMEGA FLEX, INC. (OFLX) Six Months Ended June 30, Three Months Ended June 30, 2025 2024 2025 2024 Net Sales$48,855,000 $49,836,000 $25,525,000 $24,620,000 Net Income attributable to Omega Flex, Inc.$7,724,000 $8,715,000 $4,156,000 $4,496,000 Earnings Per Share –Basic and Diluted$0.77 $0.86 $0.41 $0.45 Weighted Average Shares –Basic and Diluted 10,094,322 10,094,322 10,094,322 10,094,322 ...
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Second Q...
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. 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, ...
Omega Flex, Inc. Announces First Quarter 2025 Earnings
Omega Flex, Inc. Announces First Quarter 2025 Earnings EXTON, Pa., April 30, 2025 (GLOBE NEWSWIRE) -- OMEGA FLEX, INC. (OFLX) Three Months Ended March 31, 2025 2024 Net Sales $23,330,000 $25,216,000 Net Income attributable to Omega Flex, Inc. $3,568,000 $4,219,000 Earnings Per Share - Basic and Diluted $0.35 $0.42 Weighted Average Shares - Basic and Diluted 10,094,322 10,094,322 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 ...
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...
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...
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...
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)...
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Third Qu...
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. 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 acquisiti...
Omega Flex, Inc. Announces Second Quarter 2024 Earnings
Omega Flex, Inc. Announces Second Quarter 2024 Earnings OMEGA FLEX, INC. (OFLX) Six Months Ended June 30, Three Months Ended June 30, 2024 2023 2024 2023 Net Sales$49,836,000 $55,822,000 $24,620,000 $25,835,000 Net Income attributable to Omega Flex, Inc.$8,715,000 $10,298,000 $4,496,000 $4,556,000 Earnings Per Share – Basic and Diluted$0.86 $1.02 $0.45 $0.45 Weighted Average Shares – Basic and Diluted10,094,322 10,094,322 10,094,322 10,094,322 EXTON, Pa., July 31, 2024 (GLOBE NEWSWIRE) -- Dean W. Rivest, CEO,...
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Second Q...
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. 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, as well as such...
Omega Flex, Inc. Announces First Quarter 2024 Earnings
Omega Flex, Inc. Announces First Quarter 2024 Earnings OMEGA FLEX, INC. (OFLX) Three Months Ended March 31, 2024 2023 Net Sales$25,216,000 $29,987,000 Net Income attributable to Omega Flex, Inc.$4,219,000 $5,742,000 Earnings Per Share - Basic and Diluted$0.42 $0.57 Weighted Average Shares - Basic and Diluted 10,094,322 10,094,322 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, respec...
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 financ...
Omega Flex, Inc. Announces Departure of a Director: Derek W. Glanvill
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. The Company thanks Mr. Glanvill for his service as a director and wishes him well. Contact: Dean W. Rivest (610) 524-7272
Omega Flex, Inc. Announces Regular Quarterly Dividend for the First Qu...
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. 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, ...
Omega Flex, Inc. Announces Fourth Quarter 2023 Earnings
Omega Flex, Inc. Announces Fourth Quarter 2023 Earnings OMEGA FLEX, INC. (OFLX) For the Period Ended December 31, Twelve Months Three Months 2023 2022 2023 2022 Net Sales $111,465,000 $125,487,000 $28,147,000 $30,817,000 Net Income attributable to Omega Flex, Inc. $20,763,000 $23,622,000 $4,889,000 $6,181,000 Earnings Per Share – Basic and Diluted $2.06 $2.34 $0.48 $0.61 Weighted Average Shares – Basic and Diluted 10,094,322 10,094,322 10,094,322 10,094,322 EXTON, Pa., March 06, 2024 (GLOBE NEWSWIRE...
Omega Flex, Inc. Board and Organizational Changes
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. Moran as a Class 2 Director of Omega Flex, Inc., with a term expiring at the 2025 annual meeting of shareholders, and Dean W. Rivest as a Class 3 Director, with a term expiring at the 2026 annual meeting of shareholders. In addition, on the recommendation of the Nominating/Governance Committee, our Boar...
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Fourth Q...
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. 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 acquisit...
Omega Flex, Inc. Announces Third Quarter 2023 Earnings
Omega Flex, Inc. Announces Third Quarter 2023 Earnings OMEGA FLEX, INC. (OFLX) Nine Months Ended September 30, Three Months Ended September 30, 2023 2022 2023 2022 Net Sales $83,318,000 $94,670,000 $27,496,000 $31,629,000 Net Income attributable to Omega Flex, Inc. $15,874,000 $17,441,000 $5,576,000 $6,540,000 Earnings Per Share – Basic and Diluted $1.57 $1.73 $0.55 $0.65 Weighted Average Shares – Basic and Diluted 10,094,322 10,094,322 10,094,322 10,094,322 EXTON, Pa., Oct. 18, 2023 (GLOBE NEWSWIRE)...
Omega Flex, Inc. Announces Departure of a Director: Mark F. Albino
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 growth and strategy. He served as a director for over 27 years, and as our chief operating officer until his retirement in May 2022. While Mr. Albino believes that his retirement as a director followed naturally upon his retirement as chief...
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Third Q...
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. 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 acquis...
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