EXTON, PA — Kevin R. Hoben, Chairman and CEO, announced that Omega Flex’s Net Sales for the first quarter of 2021 were $30,863,000 compared to $25,266,000 during the first quarter of last year, increasing $5,597,000 or 22.2%.
| OMEGA FLEX, INC. (OFLX) | ||||||
| Three Months Ended March 31, | ||||||
| 2021 | 2020 | |||||
| Net Sales | $ | 30,863,000 | $ | 25,266,000 | ||
| Net Income attributable to Omega Flex, Inc. | $ | 6,267,000 | $ | 4,344,000 | ||
| Earnings Per Share – Basic and Diluted | $ | 0.62 | $ | 0.43 | ||
| Weighted Average Shares – Basic and Diluted | 10,094,322 | 10,094,322 | ||||
Headquartered in Exton, Omega Flex, Inc. (NASDAQ: OFLX), together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in the United States and internationally.
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