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.