Welcome to our dedicated page for Omega Flex news (Ticker: OFLX), a resource for investors and traders seeking the latest updates and insights on Omega Flex stock.
Omega Flex, Inc. reports recurring developments tied to its business as a manufacturer of flexible metal hose and gas piping products. Company news centers on quarterly and annual earnings, net sales, net income, unit volumes, raw material costs, tariffs, product development, certification expenses, and the effect of housing and construction conditions on demand.
Omega Flex also announces regular quarterly dividends and describes board considerations involving operating results, financial condition, capital expenditure plans, possible acquisitions, equipment and facility investments, capacity expansion, operational efficiency, geographic growth, and product enhancements beyond its traditional markets.
Omega Flex (NASDAQ:OFLX) reported first-quarter 2026 results for the three months ended March 31, 2026. Net sales were $23,093,000 versus $23,330,000 a year earlier. Net income attributable to Omega Flex was $2,077,000 versus $3,568,000 a year earlier.
The company said the net income decline reflected higher raw material and tariff costs, increased marketing, and product enhancement and certification expenses. The company also reported ongoing targeted investments in equipment and facilities to expand capacity and support geographic growth.
Omega Flex (NASDAQ: OFLX) announced a regular quarterly dividend of $0.34 per share, payable April 21, 2026, to shareholders of record on April 9, 2026. The Board said dividend decisions will be reviewed quarterly based on cash needs, results, financial condition, capital plans, and potential acquisitions.
Omega Flex (NASDAQ:OFLX) reported full-year 2025 net sales of $98,296,000, down 3.3% from 2024, and net income of $14,827,000, down 17.7% year-over-year. EPS for 2025 was $1.47 on 10,094,322 weighted shares.
Fourth-quarter 2025 sales were $25,207,000 (6.5% decline) and quarterly net income was $3,415,000 (27.1% decline), with management citing lower unit volumes and higher product development, certification and consulting expenses.
Omega Flex (NASDAQ: OFLX) announced a regular quarterly dividend of $0.34 per share, payable on January 7, 2026 to shareholders of record as of December 19, 2025. The Board said it will set future quarterly dividend amounts on a quarterly basis after reviewing cash needs, results of operations, financial condition, capital expenditure plans, and possible acquisitions.
The announcement confirms a declared cash distribution and states dividends remain subject to future Board review and company performance.
Omega Flex (OFLX) reported third-quarter 2025 results on October 29, 2025. For the nine months ended Sept 30, 2025, net sales were $73,089,000 versus $74,716,000 in 2024 (a 2.2% decline). Net income attributable to the company for the nine months was $11,412,000 versus $13,332,000 in 2024 (a 14.4% decline).
For Q3 2025, net sales were $24,234,000 vs $24,880,000 in Q3 2024 (a 2.6% decline) and net income was $3,688,000 vs $4,617,000 in Q3 2024 (a 20.1% decline). EPS for nine months was $1.13 vs $1.32 prior year; Q3 EPS was $0.37 vs $0.46. Management attributes declines mainly to lower unit volumes amid a challenged residential housing market.
Omega Flex (NASDAQ: OFLX) has declared a regular quarterly dividend of $0.34 per share for the third quarter of 2025. The dividend will be payable on October 8, 2025, to shareholders of record as of September 25, 2025.
The Board of Directors will continue to evaluate future quarterly dividends based on several factors, including the company's cash needs, operational results, financial condition, capital expenditure plans, and potential acquisitions.
Omega Flex (OFLX) reported mixed financial results for Q2 2025. The company saw a 3.7% increase in Q2 2025 net sales to $25.5 million compared to Q2 2024, while net income declined 7.6% to $4.16 million.
For the first half of 2025, net sales decreased 2.0% to $48.86 million from $49.84 million in H1 2024. Six-month net income fell 11.4% to $7.72 million compared to $8.72 million in the prior year period. The company attributed the overall performance decline to lower sales unit volumes, citing suppressed market conditions and a decline in housing starts.
Omega Flex reported its first quarter 2025 financial results, showing a decline in both revenue and profit. Net sales decreased by 7.5% to $23.33 million, compared to $25.22 million in Q1 2024. Net income fell 15.4% to $3.57 million from $4.22 million in the previous year.
Earnings per share dropped to $0.35 from $0.42, while the weighted average shares remained constant at 10,094,322. CEO Dean W. Rivest attributed the performance decline to lower sales unit volumes, citing suppressed market conditions and a decline in housing starts as key factors.
The company maintains a cautious outlook, acknowledging market uncertainties and potential risks that could impact future performance. This conservative stance reflects current market challenges in the housing sector.
Omega Flex (NASDAQ: OFLX) has announced its regular quarterly dividend for the first quarter of 2025. The Board of Directors has declared a dividend of $0.34 per share, which will be paid on April 22, 2025, to shareholders of record as of April 10, 2025.
The company's Board will continue to determine future quarterly dividend amounts based on several factors, including: cash requirements, operational results, financial condition, capital expenditure plans, and potential acquisitions.