NASDAQ$OFLX

Omega Flex Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Net sales were slightly lower than the third quarter of 2021, but income increased.

Omega Flex reported a slight decrease in net sales for the third quarter of 2022 compared to the same period in 2021. However, the company's income for the third quarter of 2022 was higher than the same period in 2021.

  • Net sales for the first nine months of 2022 increased by 0.1% compared to 2021.
  • Net sales for the three months ended September 30, 2022 were 0.3% lower than the third quarter of 2021.
  • Net income through September 2022 decreased by 6.2% compared to the first nine months of 2021.
  • Income for the third quarter of 2022 was 6.4% higher than the same period in 2021.

Headline financials

Total Revenue

$31.6M

Previous: $31.7M-0.3%
EPS (adj)

$0.65

Previous: $0.61+6.6%
Capital Expenditures

-$817K

Previous: -$720K-13.5%
Free Cash Flow

$5.72M

Previous: $5.43M+5.4%
Net Income

$6.54M

Previous: $6.15M+6.4%
Operating Income

$8.64M

Previous: $8.33M+3.8%
Gross Profit

$19.8M

Previous: $20M-1.4%
Cash & Equivalents

$30.6M

Previous: $27.2M+12.2%
Total Assets

$93M

Previous: $82.9M+12.3%
Stock-Based Comp

-$81K

Previous: $102K-179.4%

Revenue & EPS history

Omega Flex · Revenue · Quarterly

$31.6M

Q3 2022-0.3%vs Q3 2021

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

-0.3%

Avg return

Earnings day

-0.7%

Avg return

5 days after

-1.9%

Avg return

30 days after

47%

30 / 64 earnings

Positive

+14.7%

Q1 2020

Best reaction

-17.2%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.9%-2.6%-3.9%
Q4 2025-17.2%-21.3%-12.6%
Q3 2025-1.6%-3.1%-2.9%
Q1 2025+9.3%+12.4%+3.4%
Q4 2024-3.3%-7.0%-28.8%
Q3 2024+2.7%+3.2%-0.7%
Q2 2024-5.2%-12.1%-10.3%
Q1 2024-0.6%-0.7%-11.4%
Q4 2023+1.1%+2.8%+3.1%
Q3 2023-3.4%-4.4%-8.9%
Q2 2023-6.3%-8.3%-16.4%
Q1 2023+9.8%+8.7%+1.1%
Q4 2022-1.8%-3.1%-7.7%
Q3 2022-3.9%-3.5%+2.3%
Q2 2022-2.2%+0.9%+4.6%
Q1 2022-7.7%-14.0%-21.8%
Q4 2021+3.0%+4.2%-11.6%
Q3 2021-1.1%+0.3%-5.6%
Q2 2021-1.2%+3.9%+2.4%
Q1 2021+7.2%+17.6%+4.6%
Q4 2020-0.1%-0.6%+11.6%
Q3 2020+0.6%-2.4%-19.6%
Q2 2020-2.4%-1.7%+7.0%
Q1 2020+14.7%+1.0%+19.1%
Q4 2019-9.6%-8.0%-29.1%
Q3 2019-1.3%-0.3%+1.0%
Q2 2019-3.2%-0.8%+8.5%
Q1 2019+9.6%+13.3%+8.0%
Q4 2018-0.9%-0.5%+17.9%
Q3 2018-1.2%-1.7%-10.0%
Q2 2018+5.2%+7.8%+4.0%
Q1 2018-4.3%-4.5%+4.1%
Q4 2017-9.2%-8.8%+3.3%
Q3 2017+3.1%+5.0%+4.2%
Q2 2017-16.5%-16.4%-17.5%
Q1 2017+6.4%+21.2%+24.3%
Q4 2016-2.5%-5.8%-9.2%
Q3 2016+3.9%+6.0%+16.7%
Q2 2016+0.9%-4.1%+1.3%
Q1 2016-3.7%
Q4 2015-0.7%
Q3 2015+0.1%
Q2 2015-12.0%
Q1 2015+8.0%
Q4 2014-0.5%
Q3 2014+2.9%
Q2 2014+4.4%
Q1 2014+2.6%
Q4 2013+0.3%
Q3 2013+2.3%
Q2 2013-0.5%
Q1 2013+3.3%
Q4 2012+0.3%
Q3 2012-1.2%
Q2 2012+1.3%
Q1 2012+1.5%
Q1 2011+1.5%
Q4 2011-3.8%
Q3 2011-0.7%
Q3 2010-0.7%
Q2 2011+4.3%
Q2 2010+4.3%
Q4 2010+4.3%
Q1 2010+0.3%

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