secwatch.observer — SEC 8-K summary
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Issuer:     Omega Flex, Inc. (OFLX)
CIK:        0001317945
Form:       8-K
Filed at:   2022-07-21T23:59:59+00:00
Accession:  0001493152-22-020021
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Omega Flex Q2 net income down 11.9% to $5.45M, EPS $0.54 vs $0.61
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- Q2 net sales $31.75M, down 0.7% YoY; six-month sales $63.04M, up 0.3%.
- Six-month net income $10.90M, down 12.4% from $12.45M in prior-year period.
- EPS for six months $1.08 versus $1.23; Q2 EPS $0.54 versus $0.61.
- Decline attributed to resumed travel/marketing costs and higher product liability reserves.
- Prior-year first six months were strongest on record; shares unchanged at 10.09M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1317945/000149315222020021/0001493152-22-020021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1317945/000149315222020021/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-020021

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