Detail akcie Omega Flex online

Business Summary: Omega Flex, Inc. is a manufacturer of flexible metal hoses. The Company’s flexible metal hose is used in a variety of applications to carry gases and liquids within their particular applications. These applications include carrying fuel gases within residential and commercial buildings; gasoline and diesel gasoline products (both above and below the ground) in a double containment piping to contain any possible leaks, which is used in automotive and marina refueling, and fueling for backup generation; and medical gases in health care facilities. The Company's flexible gas piping products are sold under TracPipe and CounterStrike trademarks. Its products also include MediTrac corrugated medical gas tubing and DoubleTrac double containment piping. It sells its products through distributors, and wholesalers to original equipment manufacturers (OEMs) throughout North America and Europe.
Financial Summary: BRIEF: For the nine months ended 30 September 2023, Omega Flex Inc revenues decreased 12% to $83.3M. Net income decreased 9% to $15.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Dividend per share increased from $0.94 to $0.98. Basic Earnings per Share excluding Extraordinary Items decreased from $1.73 to $1.57.