Omega Flex Q3 2024 EPS $0.46 Per Share Vs $0.55 YoY; Revenue $24.88M
Portfolio Pulse from Benzinga Newsdesk
Omega Flex reported its Q3 2024 earnings with an EPS of $0.46, down from $0.55 year-over-year, and revenue of $24.88 million.
October 30, 2024 | 8:58 pm
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Omega Flex's Q3 2024 earnings show a decline in EPS to $0.46 from $0.55 YoY, with revenue at $24.88M, indicating potential challenges in maintaining profitability.
The decline in EPS from $0.55 to $0.46 suggests a decrease in profitability, which could negatively impact investor sentiment and the stock price in the short term. The revenue figure of $24.88M provides context but does not offset the negative EPS trend.
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