Optical Cable Corporation reports Q4 EPS 5c vs. (17c) last year

Reports Q4 revenue $19.5M vs. $17.3M last year. Neil Wilkin, President and CEO of OCC, said, “OCC delivered a strong fourth quarter to finish the fiscal year. Through solid execution of our growth strategies in a challenging market environment, we reported sequential and year-over-year increases in net sales in the fourth quarter of fiscal year 2024. We also achieved growth by all other measures during the fourth quarter-including gross profit and gross profit margin, as well as achieving positive income from operations and earnings per share-demonstrating the impact of OCC’s significant operating leverage on profitability as net sales and production volumes increase.”