Omni-Lite Industries Awarded Follow-On Contract for RF/Microwave Control Component for Prime Defense Customer
August 11, 2021 07:00 ET
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Omni-Lite Industries Canada, Inc.
LOS ANGELES, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Omni-Lite Industries Canada, Inc. (the "Company" or “Omni-Lite”; TSXV: OML), a designer and manufacturer of precision high performance components for...
Omni-Lite Industries Reports First Quarter Fiscal 2021 Results and Announces Conference Call for Investors to Be Held on May 21, 2021
May 21, 2021 07:00 ET
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Omni-Lite Industries Canada, Inc.
First Quarter Fiscal 2021 Revenue of US$1.3 million, Comparable to Fourth Quarter Fiscal 2020 and a Decline of 41% Compared to First Quarter Fiscal Year 2020A 77% Improvement, Sequentially, in...
Omni-Lite Industries Reports 2020 Results and Conference Call for Investors to be Held on April 1, 2021
April 01, 2021 07:00 ET
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Omni-Lite Industries Canada, Inc.
Fiscal Year 2020 Revenue of US$6.7 million, down 28% compared to Fiscal Year 2019Positive Cash Flow from OperationsImplemented Annualized Cost Reductions of US$1.1 million to Position for the...
Omni-Lite Industries Receives Proceeds of Approximately US$400,000 from the New Round of the Paycheck Protection Program (“PPP-2”)
March 02, 2021 07:00 ET
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Omni-Lite Industries Canada, Inc.
TSXV: OMLOTCQX: OLNCF LOS ANGELES, March 02, 2021 (GLOBE NEWSWIRE) -- Omni-Lite Industries Canada Inc. (the “Company”) is pleased to announce that it received Paycheck Protection Program 2 loan...
Omni-Lite Industries Reports Third Quarter 2020 Results and Announces Conference Call for Investors to be Held on November 30, 2020
November 25, 2020 06:00 ET
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Omni-Lite Industries Canada, Inc.
Revenue of US$1.6 million compared to US$2.2 million for the prior year periodCompleted restructuring and realignment program targeting approximately $680,000 in cost reductions, bringing total...
News Release Omni-Lite Industries Reports Second Quarter and First Half Fiscal 2020 Results and Announces Conference Call for Investors to Be Held on August 17, 2020
August 13, 2020 16:51 ET
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Omni-Lite Industries Canada, Inc.
Revenue of US$1.6 million, a 37% decline compared to prior year periodFree Cash Flow(1) of approximately US$320,000, representing a US$315,000 increase over the prior year periodLiquidity of US$3.1...
Omni-Lite Industries Announces Temporary Manufacturing Suspension
July 22, 2020 07:29 ET
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Omni-Lite Industries Canada, Inc.
LOS ANGELES, July 22, 2020 (GLOBE NEWSWIRE) -- Omni-lite Industries (TSXV: OML) (OTCQX: OLNCF) announces today that manufacturing at its California facility will be suspended for 2 weeks beginning...
Omni-Lite Industries Receives Electronics Product Award in Support of Major US Missile System Program
June 18, 2020 16:15 ET
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Omni-Lite Industries Canada, Inc.
LOS ANGELES, June 18, 2020 (GLOBE NEWSWIRE) -- Omni-Lite Industries Canada Inc. (the “Company”) is pleased to announce today that it received a new follow-on order valued in excess of US$200,000...
Omni-Lite Industries Reports First Quarter Fiscal 2020 Results
June 01, 2020 07:00 ET
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Omni-Lite Industries Canada, Inc.
First Quarter Highlights Include:Revenue of approximately US$2.1 millionAdjusted EBITDA(1) of approximately US$197,000Bookings of approximately US$2.6 million, representing a Book-to-Bill ratio of 1.2...
Omni-Lite Industries Reports 2019 Results Preliminary First Quarter Fiscal 2020 Performance and Conference Call for Investors to be Held on May 8, 2020
May 07, 2020 07:00 ET
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Omni-Lite Industries Canada, Inc.
2019 Revenue of US$9.3 million, up 32% compared to 20182019 Adjusted EBITDA(1) of US$960,000Preliminary Revenue for Q1/2020 estimated at approximately US$2.1 millionPreliminary Adjusted EBITDA(1) for...