Omega Flex Inc (OFLX)

Nov 3, 2026

Omega Flex Inc. (Nasdaq: OFLX) reported a 36% decrease in third-quarter profit despite higher sales, primarily due to increased tariffs, raw material costs, and expenses from launching a redesigned gas piping fitting. Net income fell to $2.36 million, or 23 cents per share, as operating costs outweighed a 6% increase in net sales to $25.7 million. The company expects these elevated costs to persist temporarily as it builds inventory and markets the new product, with management anticipating normalization over time.

Nov 3, 2026

Omega Flex, Inc. (OFLX) shares rose 12.7% after the company reported its third-quarter 2026 earnings, despite a 37.8% decrease in earnings per share year-over-year due to higher production and selling costs. Net sales increased by 6%, but net income and operating profit declined significantly. The company attributed these declines to increased raw material costs, tariffs, and transportation expenses, though it continues to invest in product development and maintains its dividend.

Oct 28, 2026

Omega Flex Inc. (OFLX) reported a profit of $2.4 million in its third quarter, equating to 23 cents per share. The flexible metal hose manufacturer, based in Exton, Pennsylvania, also posted revenue of $25.7 million for the same period. This financial summary was generated using data from Zacks Investment Research.