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 |
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3 - Omega Flex, Inc. (0001317945) (Issuer)
4 - Omega Flex, Inc. (0001317945) (Issuer)
4 - Omega Flex, Inc. (0001317945) (Issuer)
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) -- Dean W. Rivest, CEO, announced that net sales of Omega Flex, Inc. (the "Company") for the first nine months of 2024 and 2023 were $74,716,000 and $83,318,
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 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 FO
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, announced that net sales of Omega Flex, Inc. (the "Company") for the first six months of 2024 and 2023 were $49,836,000 and $55,822,000, respectively, decreas
10-Q - Omega Flex, Inc. (0001317945) (Filer)
8-K - Omega Flex, Inc. (0001317945) (Filer)
8-K - Omega Flex, Inc. (0001317945) (Filer)
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 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 FO
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 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 STATEM
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, 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 FORWA
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 Board unanimously approved the following organizational changes, effective January 1, 2024: Kevin R. Hoben will be Executive Chairman of Omega Flex, Inc.Dea
Omega Flex (NASDAQ:OFLX) reported quarterly earnings of $0.42 per share. This is a 26.32 percent decrease over earnings of $0.57 per share from the same period last year. The company reported $25.22 million in sales this quarter. This is a 15.91 percent decrease over sales of $29.99 million the same period last year.
U.S. stocks were lower, with the Dow Jones index falling over 300 points on Wednesday. Shares of Roblox Corporation (NYSE: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. Roblox shares gained 2.6% to $40.10 on Wednesday. Here are some other big stocks recording gains in today’s session. Dogness (International) Corporation (NASDAQ:DOGZ) shares jumped 22.9% to $8.48. Murano Global Investments Plc (NASDAQ:MRNO) gained 13.6% to $11.70. Aurora Cannabis Inc. (NASDAQ:ACB) rose 11.8% to $7.11. International Star Inc. appointed Todd Masse as new CEO. Taysha Gene T
Omega Flex (NASDAQ:OFLX) reported quarterly earnings of $0.48 per share. This is a 21.31 percent decrease over earnings of $0.61 per share from the same period last year. The company reported $28.15 million in sales this quarter. This is a 8.66 percent decrease over sales of $30.82 million the same period last year.
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