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Optical Cable Corporation  (OCC)
Other Ticker:  
 
    Sector  Technology    Industry Communications Equipment
 
Price: $2.6900 $-0.05 -1.825%
Day's High: $2.74 Week Perf: -0.19 %
Day's Low: $ 2.69 30 Day Perf: 6.69 %
Volume (M): 4 52 Wk High: $ 4.74
Volume (M$): $ 10 52 Wk Avg: $3.45
Open: $2.74 52 Wk Low: $2.26



 Market Capitalization (Millions $) 23
 Shares Outstanding (Millions) 8
 Employees 342
 Revenues (TTM) (Millions $) 71
 Net Income (TTM) (Millions $) 2
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 1

Optical Cable Corporation

Optical Cable Corporation was incorporated in the Commonwealth of Virginia in 1983. We are headquartered at 5290 Concourse Drive, Roanoke, Virginia 24019 and our telephone number is (540) 265-0690. Optical Cable Corporation, together with our wholly owned subsidiary, Applied Optical Systems, Inc. (“AOS”), has offices, manufacturing and warehouse facilities located in Roanoke, Virginia, near Asheville, North Carolina and near Dallas, Texas.

Optical Cable Corporation and its subsidiaries is a leading manufacturer of a broad range of fiber optic and copper data communication cabling and connectivity solutions primarily for the enterprise market and various harsh environment and specialty markets (the non-carrier markets), offering integrated suites of high quality products which operate as a system solution or seamlessly integrate with other providers’ offerings. OCC also manufactures and sells a significant amount of products in the wireless carrier market.

OCC’s product offerings include designs for uses ranging from enterprise networks, datacenters, residential and campus installations to customized products for specialty applications and harsh environments, including military, industrial, mining, petrochemical, wireless carrier and broadcast applications.

OCC products include fiber optic and copper cabling, fiber optic and copper connectors, specialty fiber optic and copper connectors, fiber optic and copper patch cords, pre-terminated fiber optic and copper cable assemblies, racks, cabinets, datacom enclosures, patch panels, face plates, multi-media boxes, fiber optic reels and accessories and other cable and connectivity management accessories, and are designed to meet the most demanding needs of end-users, delivering a high degree of reliability and outstanding performance characteristics.

The OCC team seeks to provide top-tier integrated communication solutions by bundling our products into systems that provide our customers and end-users with integrated cabling and connectivity solutions that are well-suited for their individual data communication and application requirements.

OCC® is internationally recognized for pioneering the design and production of fiber optic cables for the most demanding military field applications, as well as of fiber optic cables suitable for both indoor and outdoor use, and creating a broad product offering built on the evolution of these fundamental technologies. OCC® is also internationally recognized for its role in establishing copper connectivity data communications standards through its innovative technologies.

OCC manufactures its fiber optic cables at its ISO 9001:2008 registered and MIL-STD-790F certified facility located in Roanoke, Virginia, its enterprise connectivity products primarily at its ISO 9001:2008 registered facility located near Asheville, North Carolina, and its harsh environment and specialty connectivity products at its ISO 9001:2008 registered and MIL-STD-790F certified facility located near Dallas, Texas.

OCC designs, develops and manufactures fiber optic cables for a broad range of enterprise, harsh environment and specialty markets and applications. We refer to these products as our fiber optic cable offering. OCC designs, develops and manufactures fiber and copper connectivity products for the enterprise market, including a broad range of enterprise and residential applications. We refer to these products as our enterprise connectivity product offering. OCC designs, develops and manufactures a broad range of specialty fiber optic connectors and connectivity products primarily for use in military and other harsh environment applications. We refer to these products as our harsh environment and specialty connectivity product offering.

OCC markets and sells our harsh environment and specialty connectivity product offering through AOS under the names Optical Cable Corporation and OCC® by the efforts of our integrated OCC sales team.

Optical Cable Corporation owns 70% of the authorized membership interests of Centric Solutions LLC (“Centric Solutions”). Centric Solutions is a business founded in 2008 that provides turnkey cabling and connectivity solutions for the datacenter market. Centric Solutions operates and goes to market independently from Optical Cable Corporation; however, in some cases, Centric Solutions may offer products from OCC’s product offering.



   Company Address: 5290 Concourse Drive Roanoke 24019 VA
   Company Phone Number: 265-0690   Stock Exchange / Ticker: NASDAQ OCC
   OCC is expected to report next financial results on March 13, 2024.


Customers Net Income grew by OCC's Customers Net Profit Margin grew to

57.12 %

8.01 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

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• View Complete Report
   



Optical Cable Corporation

Optical Cable Corporation Reports Decline in Fourth Quarter Earnings and Revenue Amid Seasonal Fluctuations

Optical Cable Corporation (OCC) is a company operating in the Communications Equipment industry. The company recently reported financial results for the fourth quarter of 2023, which showed a significant decrease in earnings per share (EPS) and revenue compared to the previous year.
In the fourth quarter of 2023, OCC reported a shortfall of $-0.15 per share, compared to $0.24 per share in the same quarter of the previous year. This represents a decline in EPS of $0.01 from the previous quarter. The revenue also declined by -13.866% to $17.27 million from $20.06 million in the corresponding quarter a year prior. However, sequentially, the revenue advanced by 7.19% from $16.12 million in the previous quarter.
The net shortfall for the fourth quarter of 2023 was $-1.267 million, which is in contrast to the net proceeds of $1.189 million recorded in the same quarter of the previous year. The company attributed this shortfall to the seasonal nature of its business.
One notable change in the company's financials is the decline in inventory to $23.8 million from the previous quarter, although this still marks an increase compared to the same period a year ago. This could be indicative of changes in demand for OCC's products. Additionally, the level of accounts receivable has declined to $9.1 million, leading some analysts to speculate that slowing demand may be a contributing factor.

Optical Cable Corporation

Optical Cable Corporation Defies Challenging Market, Achieves Resilient Results with 7.3% Revenue Dip

enowned financial journalist, it brings me great pleasure to present a comprehensive analysis of the recent financial performance of Optical Cable Corporation, a leading communications equipment company. Despite difficult market conditions, the company showcased its resiliency and determination to achieve positive results during the May to July 31, 2023 period.
Revenues for Optical Cable Corporation witnessed a decline of 7.287%, landing at $16.12 million from the previous year's $17.38 million during the same quarter. However, it's important to note that this dip reflects the consequences of a rapidly changing market rather than any inherent weaknesses within the company itself. A comparison with the revenue figures from the previous quarter, which stood at $19.62 million, reinforces this perspective.

Optical Cable Corporation

Optical Cable Corporation Demonstrates Noteworthy Top-Line Growth in Q2 2023 Financial Performance

The Optical Cable Corporation has reported positive financial results in its fiscal second quarter of 2023. The company's profits turned positive, with earnings per share (EPS) of $0.31, compared to a loss EPS of $0.03 in the same quarter a year prior. This represents a significant improvement in EPS of 210% from the preceding quarter, where EPS was $0.10 per share.
In terms of revenue, the company saw an increase of 14.063% to $19.62 million, up from $17.20 million in the same quarter a year ago. Sequentially, revenue advanced by 7.306% from $18.28 million. This growth reflects the company's ability to generate revenue and highlights the strength of its business operations.






 

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