Optical Cable Corporation Reports Fiscal Year and Fourth Quarter 2019 Financial Results
Optical Cable Corporation (OCC)
US:NASDAQ Investor Relations:
occfiber.com/investor-relations
Company Research
Source: PR Newswire
ROANOKE, Va., Jan. 27, 2020 /PRNewswire/ -- Optical Cable Corporation (Nasdaq GM: OCC) ("OCC®" or the "Company") today announced financial results for fiscal year 2019 and its fourth quarter ended October 31, 2019. Fiscal Year 2019 Financial ResultsConsolidated net sales for fiscal year 2019 were $71.3 million compared to record net sales of $87.8 million for fiscal year 2018, a decrease of 18.8%. By comparison, the Company's consolidated net sales for fiscal year 2017 were $64.1 million.Net sales decreased in fiscal year 2019 as a result of a number of large orders from one customer in the wireless carrier market in fiscal year 2018 that did not recur at the same levels in fiscal year 2019. Net sales to this customer decreased $19.9 million in fiscal year 2019. OCC's consolidated net sales to all other customers during fiscal year 2019 increased 5.7% compared to the prior year (excluding the wireless carrier market from both years), with an increase in OCC's other specialty market
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OCC
News
- Optical Cable Co. (NASDAQ: OCC) was downgraded by analysts at TheStreet from a "c" rating to a "d+" rating.MarketBeat
- Optical Cable First Quarter 2024 Earnings: US$0.18 loss per share (vs US$0.10 profit in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- OPTICAL CABLE CORPORATION REPORTS FIRST QUARTER OF FISCAL YEAR 2024 FINANCIAL RESULTSPR Newswire
- Do Its Financials Have Any Role To Play In Driving Optical Cable Corporation's (NASDAQ:OCC) Stock Up Recently? [Yahoo! Finance]Yahoo! Finance
- OPTICAL CABLE CORPORATION SCHEDULES CONFERENCE CALL TO DISCUSS FIRST QUARTER OF FISCAL YEAR 2024 RESULTS [Yahoo! Finance]Yahoo! Finance
OCC
Analyst Actions
- 3/15/24 - TheStreet
OCC
Sec Filings
- 3/27/24 - Form 8-K
- 3/14/24 - Form 8-K
- 3/13/24 - Form 10-Q
- OCC's page on the SEC website