HAMILTON, Bermuda, April 10, 2025 /PRNewswire/ -- FLEX LNG LTD. (the 'Company') announces that its 2025 Annual General Meeting will be held on May 8, 2025. A copy of the Notice of Annual General Meeting and associated information including the Company's 2024 Annual Report on Form 20-F can be found attached and on our website at www.flexlng.com.The Board of DirectorsFLEX LNG LTD.This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.This in ...

AUSTIN, Texas, April 2, 2025 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its fourth quarter and fiscal 2025 financial results before the market opens on Wednesday, May 7, 2025. The company will hold a conference call to discuss the results on the same day at 7:30 AM (CT) / 8:30 AM (ET). The live webcast presentation will be available on the Flex Investor Relations (IR) website located at investors.flex.com. The webcast replay, along with supporting materials, will be available on the IR website follow ...

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The Board of Directors FLEX LNG Ltd. Hamilton, Bermuda HAMILTON, Bermuda, March 31, 2025 /PRNewswire/ -- FLEX LNG Ltd (the "Company") (NYSE: FLNG) (OSE: FLNG) advises that the 2025 Annual General Meeting of the Company will be held on 8 May 2025. The record date for voting at the Annual General Meeting is set to 1 April 2025. A copy of the Notice of Annual General Meeting and associated information, including the Company's Annual Report on Form 20-F, will be distributed and made available on the Company's w ...

Core Viewpoint - Omega Flex, a leading producer of flexible metal hose and piping products, is currently facing significant challenges, with declining revenue and earnings per share (EPS) over the past three years, leading to a nearly 70% drop in stock price while the S&P 500 has increased by more than 25% [3]. Company Overview - Founded 50 years ago and went public 20 years ago, Omega Flex holds over 100 patents and has experienced a compound annual growth rate (CAGR) of 9% in revenue and 19% in EPS from 2011 to 2021 [2]. Recent Performance - The company's revenue and EPS have declined as follows: - 2022: Net sales growth of (3%), EPS growth of (10%) - 2023: Net sales growth of (11%), EPS growth of (12%) - 2024: Net sales growth of (4%), EPS growth of (14%) [6]. Market Conditions - The housing market, crucial for Omega Flex's growth, has been negatively impacted by elevated interest rates, leading to a decline in sales and profits [5][7]. - New U.S. housing starts in February were at 1.5 million, reflecting an 11.2% increase from January but a 2.9% decline year-over-year [7]. Valuation Metrics - Omega Flex's stock trades at 23 times its trailing earnings, the lowest price-to-earnings ratio since 2016, but still not considered a bargain compared to historical levels [9][10]. - The forward dividend yield is 3.3%, with only 72% of free cash flow spent on dividends, indicating potential for future payout increases [10]. Investment Outlook - Current recommendations suggest holding the stock for existing investors, while new investors may find it not cheap enough to consider a value stock yet, although dividends may limit downside potential [11].

News Summary New NPI center offers a complete end-to-end product development solution from prototype to preclinical builds to design verification and production transfer Located near Boston, Mass., in proximity to one of the world's largest medical technology innovation hubs Featuring a full suite of design for excellence (DfX) services to ensure product design preparedness for manufacturing across a broad range of factorsAUSTIN, Texas, March 20, 2025 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced the ...

Accessibility StatementSkip Navigation Meditation Room | Flex Space Tips by Century Communities Guest Room | Flex Space Tips by Century Communities Check out the full article (plus more home living expertise) at The Front Porch: https://www.centurycommunities.com/the-front-porch/flex-room-ideas "Flex rooms remain in high demand because homeowners want the flexibility to adapt a space to their needs—then adapt it again when those needs change," said Matthew Dooley, Vice President of Architecture for th ...

AUSTIN, Texas, March 11, 2025 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced today its recognition as one of the 2025 World's Most Ethical Companies® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. This marks the third consecutive year the company has been honored in the industrial manufacturing category for its commitment to ethics, compliance, and governance."Congratulations to Flex for achieving recognition as one of the World's Most Ethical Companies® ...

Core Insights - Omega Flex, Inc. (OFLX) reported a decline in earnings and sales for the fourth quarter of 2024, with EPS at 46 cents, down from 48 cents year-over-year [2] - The company's net sales for the quarter were $27 million, a decrease of 4.2% from $28.1 million in the prior-year quarter, attributed to lower sales unit volumes due to a slowdown in housing starts [2][4] - Full-year net sales for 2024 were $101.7 million, marking an 8.8% decline from $111.5 million in 2023, with net income falling to $18 million, a 13.2% decrease from $20.8 million in 2023 [6] Financial Performance - Fourth-quarter net income fell 4.2% year-over-year to $4.7 million from $4.9 million [2] - Full-year EPS decreased to $1.78 from $2.06 in 2023 [6] - The profit decline was influenced by higher operating costs, including increased salary-related expenses and travel costs [3] Market Conditions - CEO Dean W. Rivest indicated that the company faced challenges from a suppressed market environment, particularly due to declining housing starts, which negatively impacted demand for its products [4] - Management acknowledged persistent market headwinds throughout 2024 without specifying major strategic shifts [4] Dividend Information - On December 5, 2024, the board declared a quarterly dividend of 34 cents per share, payable on January 7, 2025, to shareholders of record as of December 19, 2024 [5] - Future dividend levels will be determined based on financial performance, capital expenditure plans, and potential acquisition opportunities [5]

Company Overview - Flex LNG is a shipping company focused on the growing market for Liquefied Natural Gas (LNG) [2] - The fleet consists of thirteen LNG carriers, all equipped with state-of-the-art technology including the latest generation two-stroke propulsion systems (MEGI and X-DF) [2] - These modern ships provide significant improvements in fuel efficiency and a reduced carbon footprint compared to older steam and four-stroke propelled vessels [2] Recent Activities - Flex LNG participated in one-on-one investor meetings at the Deutsche Bank 2025 Virtual Shipping Seminar [1] - The company is also hosting additional investor meetings at DNB's Energy & Shipping Conference 2025 [1] - A presentation related to these meetings is available on the company's website [1]