OFLX reports a year-over-year decline in Q4 earnings as declining housing starts weighed on sales volumes, while higher product development and certification costs pressured profitability.
Shares of Omega Flex, Inc. OFLX have gained 7.7% since the company reported its earnings for the quarter ended Dec. 31, 2024. This compares to the S&P 500 index’s 2.2% growth over the same time frame.
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