OmegaFlex Inc. announced earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net income of $1,636,000 or $0.16 basic and diluted per share on the revenues of $11,328,000 compared to net income of $2,390,000 or $0.24 basic and diluted per share on the revenues of $17,699,000 for the same period last year. For the nine months, the company reported net income of $2,669,000 or $0.26 basic and diluted per share on the revenues of $31,545,000 compared to net income of $6,392,000 or $0.63 basic and diluted per share on the revenues of $50,500,000 for the same period last year. The decline in revenue and net income for the nine-months ended September 30, 2009 was consistent with the contraction in the construction industry. The company was able to outperform this general trend with its focus on cost reductions and higher market penetration of its proprietary products.

OmegaFlex Inc. reported earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported net income of $641,000 or $0.06 per basic and diluted share on revenue of $10,124,000 against net income of $1,933,000 or $0.19 per basic and diluted share on revenue of $16,378,000 for the same period a year ago. For the six months, the company reported net income of $1,033,000 or $0.10 per basic and diluted share on revenue of $20,217,000 against net income of $4,002,000 or $0.40 per basic and diluted share on revenue of $32,801,000 for the same period a year ago. Revenue and net income for the six-months ended June 30, 2009 reflects continued weakness in the residential and commercial construction industries, which was offset some by emerging products and market penetration of proprietary products.

OmegaFlex Inc., Annual General Meeting, Jun 02, 2009, at 13:00 Eastern Daylight. Location: Reed Institute, 152 Notre Dame Street, Westfield, Massachusetts,United States. Agenda: To elect three class 1 directors for a three year term expiring at the 2012 annual meeting of shareholders; to ratify the appointment by the audit committee of the board of directors of Vitale, Caturano & Company Ltd., as independent auditors for the company for the fiscal year ending December 31, 2009; and to transact such other business as may properly come before the annual meeting or any postponement or adjournment thereof.