OCC Q1 net sales up 21.6% to $14.4M; net loss narrows to $0.12/share from $0.29

OPTICAL CABLE CORP

Net sales $14.4M, +21.6% YoY; gross profit $4.0M, +75.2% YoY with margin 28.0%.
Net loss $936K ($0.12/sh) improved from $2.1M ($0.29/sh) in prior year.
SG&A expenses rose to $4.8M from $4.3M due to higher employee and sales costs.
Sales order backlog increasing; supply chain and labor constraints continue affecting production volumes.

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