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Omni-Lite Industries Canada Inc V.OML

Alternate Symbol(s):  OLNCF

Omni-Lite Industries Canada Inc. develops and manufactures mission-critical, precision components utilized by Fortune 100 companies in the aerospace, defense, industrial and energy industries. The Company has three business segments: forged, electronic and investment casting components. Its forged products business is conducted in Cerritos, California. Its electronics business is conducted in Nashua, New Hampshire, a value-added contract manufacturer of electronic components for electronic sensors serving the defense, aerospace, medical, and secure communications markets. Its investment castings business is conducted in Brampton, Ontario, where it manufactures ferrous, non-ferrous, and light-alloy investment castings of highly engineered, high-performance hardware and structural components for aerospace, defense, nuclear, and industrial applications. It has developed patented technologies for transferring products through multi-die machines with segmented tooling.


TSXV:OML - Post by User

Comment by knicksmanon May 27, 2016 9:01am
95 Views
Post# 24909547

RE:RE:Omnilite earns $0.02 US in Q1

RE:RE:Omnilite earns $0.02 US in Q1I think these results are solid. Like you, also came in higher than my expectations.

The "revenues are expected to grow throughout the year with 2016 revneues exceeding those attained in fiscal 2015" is positive as well. We could effectively get US$0.10/share in earnings this year is expenses are managed. 
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