Omega Flex reports Q2 EPS 86c vs. $1.02 last year

Reports Q2 revenue $49.84M vs. $55.82M last year. The company said, “Net Sales for the three months ended June 30, 2024 were 4.7% lower than for the second quarter of 2023. The decrease in net sales was mainly due to lower sales unit volumes as the overall market continued to be suppressed because of, among other factors, a decline in housing starts.”