earnings
confidence high
sentiment negative
materiality 0.70
Omega Flex Q1 net income falls 15.4% to $3.6M; sales down 7.5% on lower housing starts
Omega Flex, Inc.
2025-Q1 EPS reported
$0.35
revenue$23,330,000
- Net sales of $23.33M, down 7.5% from $25.22M in Q1 2024.
- Net income attributable to Omega Flex of $3.57M, down 15.4% from $4.22M.
- Diluted EPS of $0.35, compared to $0.42 in prior-year quarter.
- CEO Dean Rivest attributes decline to lower sales unit volumes and suppressed housing starts.
- Weighted average shares unchanged at 10.09M; no guidance provided.