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Omega Flex Reports Lower Q1 Profit on Higher Costs
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Omega Flex Reports Lower Q1 Profit on Higher Costs
EXTON, PA — Omega Flex, Inc. (Nasdaq: OFLX) reported lower first-quarter 2026 earnings as higher raw material costs, tariffs and increased spending weighed on results despite relatively flat sales. Net sales for the quarter were $23,093,000, down 1.0% from $23,330,000 in the same period a year earlier. Net income fell 41.8% to $2,007,000 from $3,568,000, primarily due to rising raw material costs, including tariffs, as well as higher marketing, …
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