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Omega Flex, Inc. (OFLX) Create: Alert

All | News | Filings
Date FiledTypeDescription
09/29/2023 8-K Resignation/termination of a director
Docs: "Omega Flex, Inc. Announces Departure of a Director: Mark F. Albino Omega Flex, Inc. today announces that Mark F. Albino has resigned from the board of directors of the Company, effective September 30, 2023. Since the Company became publicly traded in 2005, Mr. Albino was instrumental in its growth and strategy. He served as a director for over 27 years, and as our chief operating officer until his retirement in May 2022. While Mr. Albino believes that his retirement as a director followed naturally upon his retirement as chief operating officer, he informed our chief executive officer that he will continue to be available for consultation. We thank Mr. Albino for his tremendous contributions and wish him all the best in his retirement."
07/19/2023 8-K Quarterly results
07/05/2023 8-K Credit agreement amendment
Docs: "AMENDED AND RESTATED LOAN AGREEMENT",
"SECOND AMENDED AND RESTATED COMMITTED REVOLVING LINE OF CREDIT NOTE"
04/19/2023 8-K Quarterly results
03/28/2023 8-K Quarterly results
02/22/2023 8-K Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits  I...
Docs: "“Omega Flex, Inc. Announces Fourth Quarter 2022 Earnings” OMEGA FLEX, INC. For the Period Ended December 31, Twelve Months Three Months 2022 2021 2022 2021 Net Sales $ 125,487,000 $ 130,011,000 $ 30,817,000 $ 35,457,000 Net Income attributable to Omega Flex, Inc. $ 23,622,000 $ 26,195,000 $ 6,181,000 $ 7,596,000 Earnings Per Share – Basic and Diluted $ 2.34 $ 2.60 $ 0.61 $ 0.75 Weighted Average Shares – Basic and Diluted 10,094,322 10,094,322 10,094,322 10,094,322 Kevin R. Hoben, Chairman and CEO, announced that the Company’ s net sales for 2022 and 2021 were $125,487,000 and $130,011,000, respectively, decreasing 3.5%. Net Sales for the three months ended December 31, 2022 were 13.1% lower than the fourth quarter of 2021. While net sales are lower than the previous periods, sales unit vol..."
12/07/2022 8-K Quarterly results
10/20/2022 8-K Quarterly results
09/30/2022 8-K Other Events, Financial Statements and Exhibits  Interactive Data
Docs: "Omega Flex, Inc. Announces Regular Quarterly Dividend for the Third Quarter 2022 Omega Flex, Inc. today announced that the Board of Directors declared a regular quarterly dividend of $0.32 per share payable on October 24, 2022, to shareholders of record on October 12, 2022. Kevin R. Hoben, the Company’ s chairman stated that: “The commitment of Omega Flex, Inc. to its shareholders is reflected in part by the payment of this regular quarterly dividend. As the Company continues to weather these challenging times for the country and the economy, this dividend is the best indication of our belief in the Company’ s ability to succeed.” In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financi..."
07/21/2022 8-K Quarterly results
07/13/2022 8-K Quarterly results
06/10/2022 8-K Quarterly results
06/01/2022 8-K Quarterly results
04/21/2022 8-K Quarterly results
Docs: "“Omega Flex, Inc. Announces First Quarter 2022 Earnings” OMEGA FLEX, INC. Three Months Ended March 31, 2022 2021 Net Sales $ 31,293,000 $ 30,863,000 Net Income attributable to Omega Flex, Inc. $ 5,451,000 $ 6,267,000 Earnings Per Share - Basic and Diluted $ 0.54 $ 0.62 Weighted Average Shares - Basic and Diluted 10,094,322 10,094,322 Kevin R. Hoben, Chairman and CEO, announced that the Company’ s Net Sales for the first quarter of 2022 were $31,293,000 compared to $30,863,000 during the first quarter of last year, increasing $430,000 or 1.4%. Net Income was $5,451,000 for the first three months of 2022 versus $6,267,000 during the same period last year, decreasing $816,000 or 13.0%. In contrast to the first quarter of last year which was the strongest first quarter on record, current quart..."
04/06/2022 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
Docs: "Omega Flex, Inc. Announces Departure of a Director: Bruce C. Klink"
03/29/2022 8-K Other Events, Financial Statements and Exhibits  Interactive Data
Docs: "Omega Flex, Inc. Announces Regular Quarterly Dividend for the First Quarter 2022 Omega Flex, Inc. today announced that the Board of Directors declared a regular quarterly dividend of $0.30 per share payable on April 25, 2022, to shareholders of record on April 11, 2022. Kevin R. Hoben, the Company’ s chairman stated that: “The commitment of Omega Flex, Inc. to its shareholders is reflected in part by the payment of this regular quarterly dividend. As the Company continues to emerge from this challenging time for the country and the economy, this dividend is the best indication of our belief in the Company’ s ability to weather this storm.” In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations..."
02/16/2022 8-K Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits  I...
Docs: "“Omega Flex, Inc. Announces Fourth Quarter 2021 Earnings” OMEGA FLEX, INC. For the Period Ended December 31, Twelve Months Three Months 2021 2020 2021 2020 Net Sales $ 130,011,000 $ 105,796,000 $ 35,457,000 $ 31,625,000 Net Income attributable to Omega Flex, Inc. $ 26,195,000 $ 19,910,000 $ 7,596,000 $ 7,178,000 Earnings Per Share – Basic and Diluted $ 2.60 $ 1.97 $ 0.75 $ 0.71 Weighted Average Shares – Basic and Diluted 10,094,322 10,094,322 10,094,322 10,094,322 Kevin R. Hoben, Chairman and CEO, announced that the Company’ s net sales for 2021 and 2020 were $130,011,000 and $105,796,000, respectively, increasing 22.9%. Net sales for the three months ended December 31, 2021, were stronger increasing 12.1% over the fourth quarter of 2020. The Company’ s net income for 2021 was $26,195,000 ..."
01/19/2022 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
Docs: "Omega Flex, Inc. Announces Organizational Changes"
12/09/2021 8-K Quarterly results
10/20/2021 8-K Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits  I...
Docs: "“Omega Flex, Inc. Announces Third Quarter Earnings” OMEGA FLEX, INC. Nine Months Ended September 30, Three Months Ended September 30, 2021 2020 2021 2020 Net Sales $ 94,554,000 $ 74,171,000 $ 31,725,000 $ 27,087,000 Net Income attributable to Omega Flex, Inc. $ 18,599,000 $ 12,732,000 $ 6,148,000 $ 4,817,000 Earnings Per Share – Basic and Diluted $ 1.84 $ 1.26 $ 0.61 $ 0.48 Weighted Average Shares – Basic and Diluted 10,094,322 10,094,322 10,094,322 10,094,322 Kevin R. Hoben, Chairman and CEO, announced that the Company’ s Net Sales for the first nine months of 2021 and 2020 were $94,554,000 and $74,171,000, respectively, increasing $20,383,000 or 27.5%. Net Sales for the three months ended September 30, 2021 were 17.1% higher than the third quarter of 2020. The Company’ s Net Income throu..."
09/15/2021 8-K Quarterly results
08/24/2021 8-K Quarterly results
08/05/2021 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
07/16/2021 8-K Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits  I...
Docs: "“Omega Flex, Inc. Announces Second Quarter Earnings” OMEGA FLEX, INC. Six Months Ended June 30, Three Months Ended June 30, 2021 2020 2021 2020 Net Sales $ 62,829,000 $ 47,084,000 $ 31,966,000 $ 21,818,000 Net Income attributable to Omega Flex, Inc. $ 12,451,000 $ 7,915,000 $ 6,184,000 $ 3,571,000 Earnings Per Share – Basic and Diluted $ 1.23 $ 0.78 $ 0.61 $ 0.35 Weighted Average Shares – Basic and Diluted 10,094,322 10,094,322 10,094,322 10,094,322 Kevin R. Hoben, Chairman and CEO, announced that the Company’ s Net Sales for the first six months of 2021 and 2020 were $62,829,000 and $47,084,000, respectively, increasing $15,745,000 or 33.4%. Net Sales for the three months ended June 30, 2021 were 46.5% higher than the second quarter of 2020. The Company’ s Net Income through June 2021 was..."
06/10/2021 8-K Quarterly results
06/09/2021 8-K Quarterly results
04/21/2021 8-K Quarterly results
03/24/2021 8-K Quarterly results
02/11/2021 8-K Quarterly results
12/11/2020 8-K Other Events, Financial Statements and Exhibits  Interactive Data
Docs: "“Omega Flex, Inc. Announces Regular Quarterly Dividend for the Quarter Ending December 31, 2020”"
10/15/2020 8-K Quarterly results
09/23/2020 8-K Quarterly results
07/16/2020 8-K Quarterly results
06/24/2020 8-K Quarterly results
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