US Market News
1週前
OPTICAL CABLE CORPORATION SCHEDULES CONFERENCE CALL TO DISCUSS SECOND QUARTER OF FISCAL YEAR 2026 RESULTSJune 4, 2026 4:15 PM
PR Newswire (US) ROANOKE, Va., June 4, 2026 /PRNewswire/ -- Optical Cable Corporation (Nasdaq GM: OCC) ("OCC®") today announced that it will release its second quarter of fiscal year 2026 results on Monday, June 8, 2026. The second quarter results are for the three-month and six-month periods ended April 30, 2026. The Company will also host a conference call on Monday, June 8, 2026, at 11:00 a.m. Eastern Time. Individuals wishing to participate in the conference call should call (833) 316-1983 in the U.S. or (785) 838-9310 internationally, Conference ID: OCCQ226. For interested individuals unable to join the call, a replay will be available through Monday, June 15, 2026, by dialing (800) 753-9134 or (402) 220-2678. The call will also be broadcast live over the internet and can be accessed by visiting the investor relations section of the Company's website at www.occfiber.com. As in the past, OCC will answer questions from analysts and fund investors during the conference call. OCC also invites individual investors to submit questions in advance of the conference call. Questions should be submitted in writing to occ-jfwbk@joelefrank.com by 9:00 a.m. Eastern Time on Monday, June 8, 2026.Company InformationOptical Cable Corporation ("OCC®") 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 data center markets and various harsh environment and specialty markets (collectively, the non-carrier markets), and also the wireless carrier market, offering integrated suites of high-quality products which operate as a system solution or seamlessly integrate with other components.OCC® is internationally recognized for pioneering innovative fiber optic and copper communications technologies, including fiber optic cable designs for the most demanding environments and applications, copper connectivity designs to meet the highest data communication industry standards, as well as a broad product offering built on the evolution of these fundamental technologies.OCC uses its expertise to deliver cabling and connectivity products and integrated solutions that are best suited to the performance requirements of each end-user's application. And OCC's product solutions offerings cover a broad range of applications—from commercial, enterprise network, data center, residential and campus installations to customized products for specialty applications and harsh environments, including military, industrial, mining, petrochemical, renewable energy and broadcast applications.Founded in 1983, OCC is headquartered in Roanoke, Virginia with offices, manufacturing and warehouse facilities located in Roanoke, Virginia, near Asheville, North Carolina and near Dallas, Texas. OCC's facilities are ISO 9001:2015 registered and its Dallas facility is also MIL-STD-790G certified.Optical Cable Corporation™, OCC®, Procyon®, Superior Modular Products™, SMP Data Communications™, Applied Optical Systems™, and associated logos are trademarks of Optical Cable Corporation.Further information about OCC® is available at www.occfiber.com.AT THE COMPANY:
Neil Wilkin Tracy SmithChairman, President & CEO Senior Vice President & CFO(540) 265-0690 (540) 265-0690investorrelations@occfiber.com investorrelations@occfiber.com
AT JOELE FRANK, WILKINSON BRIMMER KATCHER:
Aaron Palash Caroline Felix(212) 355-4449 ext. 8603 (212) 355-4449 ext. 8980occ-jfwbk@joelefrank.com occ-jfwbk@joelefrank.com View original content to download multimedia:https://www.prnewswire.com/news-releases/optical-cable-corporation-schedules-conference-call-to-discuss-second-quarter-of-fiscal-year-2026-results-302791901.htmlSOURCE Optical Cable Corporation Original: OPTICAL CABLE CORPORATION SCHEDULES CONFERENCE CALL TO DISCUSS SECOND QUARTER OF FISCAL YEAR 2026 RESULTS
iHub News
3月前
Optical Cable Reports Higher Q1 Sales Driven by Enterprise and Specialty MarketsMarch 10, 2026 10:36 AM
IH Market News
Optical Cable Corporation (NASDAQ:OCC) reported its financial results for the first quarter of fiscal 2026, which ended January 31, 2026.The company posted consolidated net sales of $16.4 million for the quarter, representing a 4.4% increase from $15.7 million in the same period last year. Growth was supported by stronger demand across both OCC’s enterprise and specialty market segments compared with the first quarter of fiscal 2025.International sales showed notable momentum, rising 18.0% year over year, while sales to customers within the United States increased by less than 1%. The company also reported a significant rise in its sales order backlog and forward load, which reached $10.4 million at the end of the quarter, up from $7.3 million as of October 31, 2025.Gross profit improved 16.1% to $5.4 million, compared with $4.6 million in the same quarter last year. The increase was driven by higher sales volumes and the benefits of manufacturing operating leverage. As a result, the gross profit margin expanded to 32.7% of net sales, up from 29.4% a year earlier.Selling, general and administrative expenses rose slightly to $5.6 million from $5.5 million in the prior-year quarter, mainly reflecting higher employee-related expenses, increased costs tied to contracted sales personnel and greater shipping costs.For the quarter, OCC recorded a net loss of $398,000, or $0.05 per basic and diluted share. This marked an improvement from the net loss of $1.1 million, or $0.14 per share, reported in the first quarter of fiscal 2025.
Management Commentary
Neil Wilkin, President and Chief Executive Officer of OCC, said, “OCC is off to a solid start in fiscal year 2026. During the first quarter, we delivered net sales and gross profit growth, largely driven by increased demand across our enterprise and specialty markets, and the positive impact of our operating leverage.”“As we begin our second quarter, we are seeing growing momentum in our targeted markets, including our data center market. Our sales order backlog and forward load increased more than 50% to $10.4 million compared to the same prior fiscal year period, and we expect to continue to build on this momentum. We are confident that OCC is well positioned for growth during fiscal year 2026 and, as always, we remain focused on disciplined execution to drive value for our customers and shareholders,” Mr. Wilkin added.Optical Cable Corporation stock price
Original: Optical Cable Reports Higher Q1 Sales Driven by Enterprise and Specialty Markets
US Market News
3月前
OPTICAL CABLE CORPORATION SCHEDULES CONFERENCE CALL TO DISCUSS FIRST QUARTER OF FISCAL YEAR 2026 RESULTSMarch 5, 2026 4:15 PM
PR Newswire (US)
ROANOKE, Va., March 5, 2026 /PRNewswire/ -- Optical Cable Corporation (Nasdaq GM: OCC) ("OCC®") today announced that it will release its first quarter of fiscal year 2026 results on Tuesday, March 10, 2026. The first quarter results are for the three-month period ended January 31, 2026. The Company will also host a conference call on Tuesday, March 10, 2026, at 11:00 a.m. Eastern Time.
Individuals wishing to participate in the conference call should call (833) 316-1983 in the U.S. or (785) 838-9310 internationally, Conference ID: OCCQ126. For interested individuals unable to join the call, a replay will be available through Tuesday, March 17, 2026, by dialing (800) 839-8708 or (402) 220-6077. The call will also be broadcast live over the internet and can be accessed by visiting the investor relations section of the Company's website at www.occfiber.com. As in the past, OCC will answer questions from analysts and fund investors during the conference call. OCC also invites individual investors to submit questions in advance of the conference call. Questions should be submitted in writing to occ-jfwbk@joelefrank.com by 9:00 a.m. Eastern Time on Tuesday, March 10, 2026.Company InformationOptical Cable Corporation ("OCC®") 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 data center markets and various harsh environment and specialty markets (collectively, the non-carrier markets), and also the wireless carrier market, offering integrated suites of high-quality products which operate as a system solution or seamlessly integrate with other components.OCC® is internationally recognized for pioneering innovative fiber optic and copper communications technologies, including fiber optic cable designs for the most demanding environments and applications, copper connectivity designs to meet the highest data communication industry standards, as well as a broad product offering built on the evolution of these fundamental technologies.OCC uses its expertise to deliver cabling and connectivity products and integrated solutions that are best suited to the performance requirements of each end-user's application. And OCC's solutions offerings cover a broad range of applications—from commercial, enterprise network, datacenter, residential and campus installations to customized products for specialty applications and harsh environments, including military, industrial, mining, petrochemical and broadcast applications, as well as for the wireless carrier market.Founded in 1983, OCC is headquartered in Roanoke, Virginia with offices, manufacturing and warehouse facilities located in Roanoke, Virginia, near Asheville, North Carolina and near Dallas, Texas. OCC's facilities are ISO 9001:2015 registered and its Roanoke and Dallas facilities are MIL-STD-790G certified.Optical Cable Corporation™, OCC®, Procyon®, Superior Modular Products™, SMP Data Communications™, Applied Optical Systems™, and associated logos are trademarks of Optical Cable Corporation.Further information about OCC® is available at www.occfiber.com.AT THE COMPANY: Neil WilkinTracy SmithChairman, President & CEOSenior Vice President & CFO(540) 265-0690(540) 265-0690investorrelations@occfiber.com investorrelations@occfiber.com
AT JOELE FRANK, WILKINSON BRIMMER KATCHER:Aaron PalashCaroline Felix(212) 355-4449 ext. 8603(212) 355-4449 ext. 8980occ-jfwbk@joelefrank.com occ-jfwbk@joelefrank.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/optical-cable-corporation-schedules-conference-call-to-discuss-first-quarter-of-fiscal-year-2026-results-302705949.htmlSOURCE Optical Cable Corporation
Original: OPTICAL CABLE CORPORATION SCHEDULES CONFERENCE CALL TO DISCUSS FIRST QUARTER OF FISCAL YEAR 2026 RESULTS
INV4
11月前
OPTICAL CABLE CORPORATION AND LIGHTERA, LLC ANNOUNCE STRATEGIC COLLABORATION
July 7, 2025
ROANOKE, Va. and NORCROSS, Ga., July 7, 2025 /PRNewswire/ -- Optical Cable Corporation (Nasdaq GM: OCC) ("OCC®") and Lightera, LLC ("Lightera") today announced the companies have entered into a strategic collaboration agreement to expand product offerings and solutions—especially for the data center and enterprise sectors.
As a global leader in optical fiber and connectivity solutions, Lightera has a long history of industry-leading innovation, design and manufacturing capabilities, including high-performance optical fibers. OCC is a leading manufacturer of fiber optic and copper cabling and connectivity solutions and is internationally recognized for its innovative technologies and product designs. As respected manufacturers in the fiber optic industry, OCC and Lightera have partnered in various ways over many years, and this new strategic collaboration agreement builds on a long successful relationship between the two companies.
As a result of this strategic collaboration, OCC and Lightera both expect to benefit from opportunities to capitalize on the ability to offer expanded fiber optic and copper cabling and connectivity solutions to the enterprise sector, the data center sector, as well as an expanded presence in other sectors. The companies will combine portions of the extensive product portfolios of both OCC and Lightera to deliver integrated cabling and connectivity solution offerings, which will be sold by OCC.
In connection with this strategic collaboration, Lightera has made an investment in OCC, purchasing shares of OCC common stock from the company and Lightera holding 7.24% of the company's outstanding shares.
Management Comments:
"We recognize the importance of this strategic joint effort with OCC and the potential opportunities it brings to expand Lightera's presence in the data center and enterprise Passive Optical LAN sectors," said Foad Shaikhzadeh, Chairman and Chief Executive Officer of Lightera. "Lightera is delivering a comprehensive, next-generation solution purpose-built for the modern data center—combining advanced edge technology, scalability, and performance. Our long-standing relationship with OCC, grounded in mutual respect and proven product excellence, positions us to jointly serve the growing demands of this critical customer segment. We are confident that OCC's established presence and reputation in key sectors will amplify the impact of our solution, and we look forward to building on this partnership."
Neil Wilkin, Chairman, President and Chief Executive Officer of OCC, said, "We are excited about the opportunities this strategic relationship provides to both companies. OCC has successfully worked with Lightera (and its predecessor OFS Fitel, LLC), for decades, and we look forward to the expansion of our valued business partnership, as well as our continued engagement with the Lightera team. Importantly, we are confident that our strategic collaboration with Lightera, and the resulting Lightera-OCC integrated solutions offered, will significantly expand our opportunities in the data center and enterprise sectors, will accelerate OCC sales growth, and will create significant value for OCC and its shareholders."
Lightera, LLC – Company Information
Lightera is a global leader in optical fiber and connectivity solutions, delivering innovative technologies that drive communication networks, data centers, and specialty photonics applications. With a deep legacy of expertise in optical science, we provide high-performance solutions that enable faster, more reliable, and more sustainable connections for businesses, communities, and industries worldwide.
Headquartered in Norcross, Georgia, U.S.A., Lightera operates with a global footprint, serving customers across a wide range of industries—including telecommunications, enterprise, industrial, utilities, medical, aerospace, and defense—as well as advanced technology sectors such as data centers, 5G/6G, generative AI, and sensing. Lightera is part of Furukawa Electric Group, a multi-billion-dollar leader in optical communications.
Optical Cable Corporation—Company Information
Optical Cable Corporation ("OCC®") is internationally recognized as a leading manufacturer of a broad range of fiber optic cable and copper cabling and connectivity solutions. OCC offers integrated suites of high-performing, high-quality products that function as a complete system or seamlessly integrate with other components. OCC's broad portfolio includes fiber and copper technologies designed to meet the highest industry standards and perform in the most demanding environments ranging from: commercial, enterprise network, data center, residential and campus installations to customized products for specialty applications and harsh environments, including military, industrial, mining, petrochemical and broadcast applications, as well as for the wireless carrier market.
Founded in 1983, OCC is headquartered in Roanoke, Virginia, U.S.A. with offices, manufacturing and warehouse facilities located in Roanoke, Virginia, near Asheville, North Carolina and near Dallas, Texas. OCC's facilities are ISO 9001:2015 registered.
Optical Cable Corporation™, OCC®, Procyon®, Superior Modular Products™, SMP Data Communications™, Applied Optical Systems™, and associated logos are trademarks of Optical Cable Corporation.
Further information about OCC® is available at www.occfiber.com.
https://ih.advfn.com/stock-market/NASDAQ/optical-cable-OCC/stock-news/96386184/optical-cable-corporation-and-lightera-llc-announ
$OCC
TFMG
7年前
OCC - Huge Momentum From FEB - Could Continue
Optical Cable Corporation ( OCC ) is a manufacturer of a 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 Company'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. 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. It markets and sells its harsh environment and specialty connectivity product offering under the names Optical Cable Corporation and OCC .
SHORT INTEREST
14.9K 07/31/19
P/E Current
25.93
P/E Ratio (with extraordinary items)
-6.96
P/E Ratio (without extraordinary items)
33.76
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