Omega Flex, Inc. (OFLX)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
OFLX's Q2 Earnings Slip Y/Y Amid Housing Market Slowdown
Despite higher sales, Omega Flex sees a year-over-year drop in Q2 earnings as rising costs and a weak housing market pressured margins.
A Once-in-a-Decade Opportunity: 1 Magnificent Dividend Stock Down 74% to Buy Now and Hold Forever
Omega Flex is a leader in flexible metal hose manufacturing. This niche is correlated to the U.S. housing market, meaning the last two years have been rough.
Omega Flex (OFLX) Q2 Earnings Flat Y/Y, Cost-Cutting Measures Aid
Omega Flex's (OFLX) Q2 EPS holds steady at 45 cents despite a 4.7% sales decline. Effective cost management helped mitigate the impact of lower unit volumes and market challenges.
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Omega Flex, Inc. Profile
| Machinery Industry | Industrials Sector | Dean W. Rivest CEO | NASDAQ (NMS) Exchange | 682095104 CUSIP |
| US Country | 175 Employees | 25 Sep 2025 Last Dividend | - Last Split | 1 Aug 2005 IPO Date |
Overview
Omega Flex, Inc., established in 1975 and originally known as Tofle America, Inc. until its rebranding in 1996, operates globally, providing a broad range of flexible metal hose products and accessories. Headquartered in Exton, Pennsylvania, the company has carved a niche for itself in the manufacture and sales of its products across North America and international markets. It caters to a diverse clientele, including sectors such as construction, manufacturing, transportation, petrochemical, pharmaceutical, and various other industries. Omega Flex, Inc. distributes its products using a multi-channel approach, including independent sales representatives, distributors, fabricating distributors, wholesalers, original equipment manufacturers (OEMs), direct sales, and an online platform, ensuring a wide reach to both residential and commercial customers.
Products and Services
Flexible Gas Piping: Omega Flex, Inc. offers flexible gas piping used in both residential and commercial buildings. This product line simplifies the installation and ensures safety and durability in gas supply systems.
Fittings: To complement its flexible piping, the company produces a variety of fittings. These are designed for secure and efficient connections within gas and liquid transmission systems, enhancing the overall performance and reliability of the piping solutions.
Containment Piping: This product is tailored for environments demanding high safety standards for conveying hazardous or contaminating substances. Omega Flex's containment piping solutions offer a robust and secure way to transport these materials, minimizing the risk of leaks and exposures.
Corrugated Medical Tubing: Specifically developed for medical facilities such as hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and more, corrugated medical tubing ensures a safe and reliable delivery system for medical gases.
TracPipe, CounterStrike, AutoSnap, AutoFlare, DoubleTrac, DEF-Trac, and MediTrac: These brand names represent Omega Flex's diverse product line-up. Each brand serves specific markets with unique demands, ranging from residential and commercial construction to medical, pharmaceutical, and industrial applications. The specialized offerings under these brands emphasize the company's commitment to innovation, quality, and service excellence in various segments.
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