In the third quarter of the current financial year, Omega Flex saw a 2.5% decrease in its revenue in combination with a 1% increase in its COGS, and this had a negative impact of approximately 5% on ...
, announced that net sales of Omega Flex, Inc. (the “Company” or “Omega Flex”) (Nasdaq: OFLX) for 2024 and 2023 were $101,681,000 and $111,465,000, respectively, decreasing $9,784,000 or 8.8%. Net ...
Omega Flex's stock remains a 'Hold' due to ongoing technical weakness and a lack of confirmed bottom despite steeply discounted valuation. Q3 fiscal 2024 results show a 9.5% decline in net sales and a ...
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