Optical Cable Corporation Reports Q1 2025 Financial Results

Optical Cable ( (OCC) ) has released its Q1 earnings. Here is a breakdown of the information Optical Cable presented to its investors.

Optical Cable Corporation (OCC) is a leading manufacturer of fiber optic and copper data communication cabling and connectivity solutions, primarily serving enterprise and specialty markets, including military and harsh environments.

In its first quarter of fiscal year 2025, Optical Cable Corporation reported a 6.0% increase in net sales, reaching $15.7 million, and a 24.6% rise in gross profit compared to the same period last year. The company saw significant growth in both its enterprise and specialty markets, with notable strength in military markets.

Key financial highlights include a 21.3% increase in international sales and a 2.3% increase in U.S. sales. The company’s gross profit margin improved to 29.4%, up from 25.0% the previous year, driven by production efficiencies and operating leverage. However, the company recorded a net loss of $1.1 million, an improvement from the $1.4 million loss in the prior year.

Looking ahead, Optical Cable Corporation’s management remains optimistic, focusing on executing growth strategies and capitalizing on opportunities in its backlog to drive long-term value for customers and shareholders.