Optical Cable Reports 27% Q2 Sales Surge, $1.1M Net Income Reverses Prior Loss
OCC has more than doubled off its 52-week low of $2.44.
Summary
Optical Cable Corp reported a strong Q2, with net sales surging 27% year-over-year to $22.2 million and a net income of $1.1 million, or $0.12 per share, reversing a loss from the prior year. Gross profit also increased by 42%. This represents a significant acceleration from Q1 2026, which saw more modest sales growth and a reduced net loss. The robust performance is driven by strong demand in enterprise, data center, and severe duty markets, both domestically and internationally. The company's sales order backlog increased to $13.3 million, indicating continued strong demand and potential for future growth.
At the time of this announcement, OCC was trading at $13.55 on NASDAQ in the Technology sector, with a market capitalization of approximately $108.6M. The 52-week trading range was $2.44 to $16.22. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Reuters.