OPTICAL CABLE CORPORATION REPORTS SECOND QUARTER OF FISCAL YEAR 2024 FINANCIAL RESULTS [Yahoo! Finance]
Optical Cable Corporation (OCC)
US:NASDAQ Investor Relations:
occfiber.com/investor-relations
Company Research
Source: Yahoo! Finance
Second Quarter 2024 Financial Results Consolidated net sales for the second quarter of fiscal year 2024 were $16.1 million , a decrease of 17.9% compared to net sales of $19.6 million for the same period in the prior year. OCC experienced decreases in both its enterprise and specialty markets, including the wireless carrier market, in the second quarter of fiscal 2024, compared to the same period last year. OCC believes this is consistent with current weakness across the Company's industry and in certain of the Company's target markets. The Company's net sales during the comparable second quarter of fiscal year 2023 positively benefited from a higher-than-typical sales order backlog/forward load of more than $11.0 million at the end of the first quarter of fiscal year 2023, whereas sales order backlog/forward load at the end of the first quarter of fiscal year 2024 had returned to more normal levels at approximately $5.0 million . At the end of the second quarter of fiscal year 2
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- Optical Cable Second Quarter 2024 Earnings: US$0.21 loss per share (vs US$0.31 profit in 2Q 2023) [Yahoo! Finance]Yahoo! Finance
- OPTICAL CABLE CORPORATION REPORTS SECOND QUARTER OF FISCAL YEAR 2024 FINANCIAL RESULTSPR Newswire
- OPTICAL CABLE CORPORATION SCHEDULES CONFERENCE CALL TO DISCUSS SECOND QUARTER OF FISCAL YEAR 2024 RESULTS [Yahoo! Finance]Yahoo! Finance
- OPTICAL CABLE CORPORATION SCHEDULES CONFERENCE CALL TO DISCUSS SECOND QUARTER OF FISCAL YEAR 2024 RESULTSPR Newswire
OCC
Sec Filings
- 6/11/24 - Form 8-K
- 6/10/24 - Form 10-Q
- 5/21/24 - Form 4
- OCC's page on the SEC website