OFLX

Shares of Omega Flex, Inc. OFLX have declined 15.6% since the company reported its earnings for the quarter ended March 31, 2026, underperforming the S&P 500 index’s 1.5% growth over the same period. The stock has also lagged more broadly over the past month, falling 11% against the S&P 500’s 10.1% gain, reflecting negative investor sentiment following the release. Omega Flex reported first-quarter 2026 earnings per share of 21 cents, which dropped from 35 cents in the prior-year period. Net sales were $23.1 million, down about 1% from $23.3 million in the year-ago quarter. Net income attributable to the company fell significantly to $2.1 million from $3.6 million, representing a decline of 41.8%. Operating profit also decreased to $2.3 million from $4.1 million, indicating a 42.9% year-over-year decline. Omega Flex, Inc. price-consensus-eps-surprise-chart | Omega Flex, Inc. Quote The company’s profitability was impacted by margin compression and rising expenses. Gross profit declined to $13.1 million from $14.1 million, while gross margin narrowed to 56.7% from 60.3% a year earlier. Management attributed this decline primarily to higher raw material costs, including the impact of tariffs. Operating expenses showed mixed trends. Selling expenses increased 9.9% year over year to $5.5 million, driven by higher trade show participation, advertising, salary-related costs and freight expenses. Engineering expenses rose sharply by 33.8% to $1.5 million, reflecting increased spending on product development and certification. Meanwhile, general and administrative expenses declined 3.2% to $3.8 million, largely due to lower legal, product liability and incentive compensation costs. Several operational factors contributed to the weaker earnings profile. Rising input costs — particularly for raw materials — played a central role in reducing margins. Additionally, higher discretionary spending on marketing initiatives and product development weighed on operating income. Foreign exchange movements also affected results, with the company reporting a $0.09 million loss in other income compared to an $0.08 million gain in the prior-year quarter. This shift was largely due to a stronger U.S. dollar relative to the British pound and euro. Lower interest income, declining to $0.46 million from $0.51 million, further pressured overall earnings, reflecting a modest reduction in...

EXTON, Pa., April 29, 2026 (GLOBE NEWSWIRE) -- Dean W. Rivest, CEO, announced that net sales of Omega Flex, Inc. (the “Company”) for the first quarters of 2026 and 2025 were $23,093,000 and $23,330,000, respectively, decreasing $237,000 or 1.0%. Net income for the first quarters of 2026 and 2025 were $2,007,000 and $3,568,000, respectively, decreasing $1,491,000 or 41.8%. The decrease in net income was mainly due to rising raw material costs, including tariffs, marketing efforts, and product enhancement and certification related expenses. During the quarter, the Company continued to make targeted investments in equipment and facilities to expand capacity, enhance operational efficiency, and support geographic growth, while pursuing product enhancements intended to strengthen its market position beyond traditional markets. INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS – This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s financial condition, results of operations, future performance, growth strategies, business initiatives and anticipated trends. Forward-looking statements can generally be identified by words such as “may,” “should,” “will,” “could,” “estimates,” “predicts,” “potential,” “continue,” “anticipates,” “believes,” “plans,” “expects,” “future,” “intends,” “projects,” the negative of these terms, or other comparable terminology. Forward-looking statements are neither historical facts nor assurances of future performance. Rather, they are based on current beliefs, expectations and assumptions regarding the Company’s business, strategies and anticipated events and trends. These statements are subject to inherent risks, uncertainties and changes in circumstances that are difficult to predict, many of which are outside of our control, and actual results could differ materially from those expressed or implied in the forward-looking statements. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation, other than as required by law, to update or revise any forward-looking statements to reflect events or circumstances after the date hereof. Further information regarding risks and uncertainties that could cause act...

EXTON, Pa. (AP) — EXTON, Pa. (AP) — Omega Flex Inc. (OFLX) on Wednesday reported profit of $2.1 million in its first quarter. On a per-share basis, the Exton, Pennsylvania-based company said it had profit of 21 cents. The flexible metal hose maker posted revenue of $23.1 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OFLX at https://www.zacks.com/ap/OFLX

EXTON, Pa., March 25, 2026 (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 21, 2026, to shareholders of record on April 9, 2026. 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 other factors as the Board of Directors may consider relevant, determine on a quarterly basis the amount of a regular quarterly dividend. INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS – This press release contains forward-looking statements, which are subject to inherent uncertainties which are difficult to predict and may be beyond the ability of Omega Flex to control. Certain statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are not historical facts, but rather reflect Omega Flex’s current expectations concerning future results and events. The words “believes,” “expects,” “intends,” “plans,” “anticipates,” “hopes,” “likely,” “will,” and similar expressions identify such forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance, or achievements of Omega Flex (or entities in which Omega Flex has interests) or industry results, to differ materially from future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s view only as of the date of this press release. Omega Flex undertakes no obligation to publicly release the result of any revisions to these forward-looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, conditions, or circumstances. Contact: Dean W. Rivest (610) 524-7272

Shares of Omega Flex, Inc. OFLX have declined 20.4% since the company reported its earnings for the quarter ended Dec. 31, 2025. This compares to the S&P 500 index’s 1.2% decline over the same time frame. Over the past month, the stock has declined 21.2% compared with the S&P 500’s 3% decrease. Omega Flex reported fourth-quarter 2025 earnings per share of 34 cents, which dropped from 46 cents in the prior-year period. Net sales totaled $25.2 million, down from $27 million in the same quarter of 2024, representing a decline of roughly 6.5%. Net income attributable to Omega Flex fell to $3.4 million from $4.7 million a year earlier, marking a 27.1% decrease. Omega Flex, Inc. price-consensus-eps-surprise-chart | Omega Flex, Inc. Quote For the full year, the company generated net sales of $98.3 million compared with $101.7 million in 2024, a decrease of about 3.3%. Net income for 2025 was $14.8 million versus $18 million in the previous year, a decline of 17.7%, while earnings per share declined to $1.47 from $1.78. Omega Flex’s revenue decline during the quarter and the full year was primarily attributed to lower sales unit volumes. According to management, the company’s overall market environment remained under pressure, which weighed on demand for its flexible metal hose and gas piping products. The company noted that a significant contributing factor to the reduced sales levels was a decline in housing starts. Since Omega Flex products are widely used in construction-related applications — particularly in residential and commercial gas piping systems — changes in construction activity can materially influence demand. The 6.5% drop in fourth-quarter net sales reflects these market conditions. While the decrease was modest on a full-year basis, the contraction in volume underscores a continued slowdown in end markets that rely heavily on construction activity. The decline in profitability during the quarter and the full year was more pronounced than the drop in revenues. Management indicated that the reduction in net income was driven not only by lower sales but also by higher operating expenses related to product development, certification and consulting activities. These costs contributed to the sharper decline in earnings relative to revenue. For the fourth quarter, the impact was particularly evident. Net income decreased year over year, suggesting that bo...

EXTON, Pa., March 04, 2026 (GLOBE NEWSWIRE) -- Dean W. Rivest, CEO, announced that net sales of Omega Flex, Inc. (the “Company” or “Omega Flex”) for 2025 and 2024 were $98,296,000 and $101,681,000, respectively, decreasing $3,385,000 or 3.3%. Net Sales for the fourth quarter of 2025 were 6.5% lower than during the same period in 2024. The decrease in net sales was mainly due to lower sales unit volumes as the overall market continued to be suppressed because of, among other factors, a decline in housing starts. The Company’s net income for 2025 was $14,827,000, compared to $18,014,000 during 2024, decreasing $3,187,000 or 17.7%. Net income for the fourth quarter of 2025 was 27.1% below the same period in 2024. The decrease in net income for 2025 is mainly due to the decrease in net sales and an increase in product development, certification and consulting related expenses. INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS – This press release contains forward-looking statements, which are subject to inherent uncertainties which are difficult to predict and may be beyond the ability of Omega Flex to control. Certain statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform act of 1995 that are not historical facts, but rather reflect Omega Flex’s current expectations concerning future results and events. The words “believes,” “expects,” “intends,” “plans,” “anticipates,” “hopes,” “likely,” “will,” and similar expressions identify such forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance, or achievements of Omega Flex (or entities in which Omega Flex has interests) or industry results, to differ materially from future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s view only as of the date of this press release. Omega Flex undertakes no obligation to publicly release the result of any revisions to these forward-looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, conditions, or circumstances. Contact: Dean...

EXTON, Pa. (AP) — EXTON, Pa. (AP) — Omega Flex Inc. (OFLX) on Wednesday reported profit of $3.4 million in its fourth quarter. The Exton, Pennsylvania-based company said it had net income of 34 cents per share. The flexible metal hose maker posted revenue of $25.2 million in the period. For the year, the company reported profit of $14.8 million, or $1.47 per share. Revenue was reported as $98.3 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OFLX at https://www.zacks.com/ap/OFLX

EXTON, Pa., Dec. 05, 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 January 7, 2026, to shareholders of record on December 19, 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, as well as such other factors as the Board of Directors may consider relevant, determine on a quarterly basis the amount of a regular quarterly dividend. INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS – This press release contains forward-looking statements, which are subject to inherent uncertainties which are difficult to predict and may be beyond the ability of Omega Flex to control. Certain statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are not historical facts, but rather reflect Omega Flex’s current expectations concerning future results and events. The words “believes,” “expects,” “intends,” “plans,” “anticipates,” “hopes,” “likely,” “will,” and similar expressions identify such forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance, or achievements of Omega Flex (or entities in which Omega Flex has interests) or industry results, to differ materially from future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s view only as of the date of this press release. Omega Flex undertakes no obligation to publicly release the result of any revisions to these forward-looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, conditions, or circumstances.

Shares of Omega Flex, Inc. OFLX have declined 4.6% since the company reported its earnings for the quarter ended Sept. 30, 2025. This compares to the S&P 500 index’s 0.6% decline over the same time frame. Over the past month, the stock has declined 11.7% compared with the S&P 500’s 1.8% growth, signaling a significantly weaker sentiment surrounding the company’s recent performance and outlook. Omega Flex reported third-quarter 2025 earnings per share (EPS) of 37 cents, down from 46 cents in the prior-year quarter. Revenues of $24.2 million represented a 2.6% decrease from $24.9 million in the same period a year ago. Net income attributable to the company declined to $3.7 million from $4.6 million, a drop of 20.1%. Omega Flex, Inc. price-consensus-eps-surprise-chart | Omega Flex, Inc. Quote Operating profit for the third quarter dropped to $4.2 million from $5.5 million, a decline of 23.5%. Gross profit margin narrowed to 60.2% from 61.7% in the prior year, reflecting a combination of higher staffing-related expenses — particularly employee benefits — and increased tariff costs. The company’s efforts to manage expenses were evident in relatively stable selling expenses, which came in at $5 million, nearly flat year over year. However, selling expenses rose slightly as a percentage of revenue, moving from 20% to 20.6%. General and administrative expenses rose 6.1% to $4.1 million in the third quarter, driven by higher benefits-related costs. This increase was partly offset by lower incentive-based compensation. Administrative costs represented 16.8% of revenues in the quarter, up from 15.5% in the third quarter of 2024. Engineering expenses saw a notable jump of 24.9%, reaching $1.3 million. The increase stemmed from new product development and certification expenses, as well as added staffing. Engineering costs accounted for 5.5% of revenues in the latest quarter, up from 4.3% a year earlier. In its quarterly discussion, Omega Flex emphasized that softer demand in the residential construction market, largely driven by high construction and housing costs, was the main contributor to lower unit sales volume. The company continues to focus on its core product offerings, including its TracPipe CSST and CounterStrike systems used for flexible gas piping, as well as the MediTrac corrugated medical tubing designed for healthcare facilities. Management highlighted th...

EXTON, Pa. (AP) — EXTON, Pa. (AP) — Omega Flex Inc. (OFLX) on Wednesday reported profit of $3.7 million in its third quarter. The Exton, Pennsylvania-based company said it had net income of 37 cents per share. The flexible metal hose maker posted revenue of $24.2 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OFLX at https://www.zacks.com/ap/OFLX

EXTON, Pa., Oct. 29, 2025 (GLOBE NEWSWIRE) -- Dean W. Rivest, CEO, announced that net sales of Omega Flex, Inc. (the “Company”) for the first nine months of 2025 and 2024 were $73,089,000 and $74,716,000, respectively, decreasing $1,627,000 or 2.2%. Net Sales for the three months ended September 30, 2025 were 2.6% lower than the third quarter of 2024. Net income for the first nine months of 2025 was $11,412,000, compared to $13,332,000 for the first nine months of 2024, decreasing $1,920,000 or 14.4%. Net income for the third quarter of 2025 was 20.1% below the same period in 2024. The decrease in net sales and net income was mainly due to lower sales unit volumes as the residential housing market continues to be challenged, among other factors, by higher construction costs and sales prices. INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS – This press release contains forward-looking statements, which are subject to inherent uncertainties which are difficult to predict and may be beyond the ability of Omega Flex to control. Certain statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform act of 1995 that are not historical facts, but rather reflect Omega Flex’s current expectations concerning future results and events. The words “believes,” “expects,” “intends,” “plans,” “anticipates,” “hopes,” “likely,” “will,” and similar expressions identify such forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance, or achievements of Omega Flex (or entities in which Omega Flex has interests) or industry results, to differ materially from future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s view only as of the date of this press release. Omega Flex undertakes no obligation to publicly release the result of any revisions to these forward-looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, conditions, or circumstances. Contact: Dean W. Rivest (610) 524-7272

EXTON, Pa., Sept. 12, 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 October 8, 2025, to shareholders of record on September 25, 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, as well as such other factors as the Board of Directors may consider relevant, determine on a quarterly basis the amount of a regular quarterly dividend. INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS – This press release contains forward-looking statements, which are subject to inherent uncertainties which are difficult to predict and may be beyond the ability of Omega Flex to control. Certain statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are not historical facts, but rather reflect Omega Flex’s current expectations concerning future results and events. The words “believes,” “expects,” “intends,” “plans,” “anticipates,” “hopes,” “likely,” “will,” and similar expressions identify such forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance, or achievements of Omega Flex (or entities in which Omega Flex has interests) or industry results, to differ materially from future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s view only as of the date of this press release. Omega Flex undertakes no obligation to publicly release the result of any revisions to these forward-looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, conditions, or circumstances. Contact: Dean W. Rivest (610) 524-7272