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Optical Cable Corp. (OCC)
NASDAQ:OCC
Earnings Data
Report Date
Jun 16, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.21Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 10, 2025
|% Change Since: -28.68%
|Next Earnings Date:Jun 16, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted a positive trajectory in net sales, gross profit, international sales, and a growing backlog, suggesting operational improvements and market recovery. However, challenges remain with increased SG&A expenses and ongoing net losses, albeit reduced compared to the previous year. The sentiment leans positive due to the significant improvements outweighing the challenges.Company Guidance
During the first quarter of fiscal year 2025, Optical Cable Corporation reported growth in key metrics, notably a 6% increase in net sales to $15.7 million and a 24.6% increase in gross profit to $4.6 million compared to the same period last year. The company also experienced a rise in gross profit margin to 29.4%, up from 25% in the first quarter of fiscal 2024, benefiting from production efficiencies and operating leverage. Sales order backlog increased by approximately 16% to $6.6 million from October 31, 2024. Despite these positive trends, SG&A expenses rose to $5.5 million, contributing to a net loss of $1.1 million, or $0.14 per share, an improvement from the previous year's loss of $1.4 million, or $0.18 per share. The company remains optimistic about future growth, driven by improvements in both enterprise and specialty markets and its continued focus on executing growth strategies efficiently.Growth in Net Sales and Gross Profit
Net sales increased 6% to $15.7 million, and gross profit increased 24.6% or $913,000 to $4.6 million in the first quarter of fiscal 2025 compared to the same period last year.
Increased Sales Order Backlog
Sales order backlog and forward load increased approximately 16% to $6.6 million compared to October 31, 2024.
Improvements in Military and Specialty Markets
The company saw improvements and strength in both enterprise and specialty markets, including the military sector.
International Sales Growth
Net sales to customers outside of the United States increased 21.3% in the first quarter of fiscal 2025 compared to the same period last year.
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OCC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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OCC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 10, 2025 | $3.94 | $3.36 | -14.72% |
| Dec 23, 2024 | $2.10 | $3.32 | +58.10% |
| Sep 11, 2024 | $2.76 | $2.76 | 0.00% |
| Jun 10, 2024 | $2.74 | $2.76 | +0.73% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Optical Cable Corp. (OCC) report earnings?
Optical Cable Corp. (OCC) is schdueled to report earning on Jun 16, 2025, TBA Not Confirmed.
What is Optical Cable Corp. (OCC) earnings time?
Optical Cable Corp. (OCC) earnings time is at Jun 16, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OCC EPS forecast?
Currently, no data Available
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