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Omega Flex: 4Q Earnings Snapshot

EXTON, Pa. (AP) _ Omega Flex Inc. (OFLX) on Thursday reported fourth-quarter profit of $6 million.

The Exton, Pennsylvania-based company said it had net income of 60 cents per share.

The flexible metal hose maker posted revenue of $28.9 million in the period.

For the year, the company reported profit of $20.1 million, or $2 per share. Revenue was reported as $108.3 million.

Omega Flex shares have risen 19 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $64.37, a rise of nearly 7 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OFLX at https://www.zacks.com/ap/OFLX