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Omni-Lite Industries Canada Inc.

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Market Data: Yahoo Finance, Bloomberg

Report Link: Research Update Released (Dated 07/25/2017)

Symbol: OLNCF
Analyst: John Nobile
Taglich Rating: Speculative Buy
Price Target: $1.80
Time Horizon: 12 Months
Rating Established: July 12, 2016
Price When Established: $1.20
Most Recent Report: July 25, 2017
Price When Issued: $1.55


What's New

Omni-Lite Reports Q2 Results

On August 28, 2017, Omni-Lite Industries Canada, Inc. (OTC: OLNCF) reported results for its second quarter ended June 30, 2017.

For the quarter, the company reported that revenue decreased 17% to $1.8 million. Omni-Lite reported 2Q17 net income of $322,000 or $0.03 per share versus net income of $411,000 or $0.04 per share in 2Q16.

Taglich Brothers’ estimates were for second quarter revenue of $2.1 million and net income of $401,000 or $0.04 per share.


Company Description

Headquartered in Cerritos, CA, Omni-Lite Industries Canada Inc. is a research and development company specializing in the manufacture of precision components forged from advanced composite and other alloyed materials.


Company Reports

Updated Research Report (Dated July 25, 2017)

Updated Research Report (Dated May 11, 2017)

Updated Research Report (Dated November 1, 2016)

Updated Research Report (Dated August 29, 2016)

Initial Research Report (Dated July 12, 2016)


Disclaimer

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