Earnings ·
Optical Cable Corporation reported third-quarter fiscal 2026 results ending July 31, 2026, with net sales increasing…
OCCOptical Cable Corp
Optical Cable Corporation reported third-quarter fiscal 2026 results ending July 31, 2026, with net sales increasing 22.0% to $24.3 million from $19.9 million in the prior year period. Gross profit rose 43.9% to $9.1 million, expanding margins to 37.4% from 31.7%, driven by volume growth and manufacturing operating leverage. Net income reached $1.9 million, or $0.21 per share, compared to $302,000, or $0.04 per share, previously. Sales order backlog increased slightly to $13.5 million from $13.3 million at the end of the prior quarter. The company cited robust demand in enterprise, data center, and specialty markets, while noting industry-wide optical fiber shortages impacting supply chains. Optical Cable Corporation manufactures fiber optic and copper data communication cabling and connectivity solutions for enterprise, data center, and harsh environment applications.