OCC Q3 net sales up 11% to $17.4M; net loss of $372K vs $5.4M net income last year due to one-time gains

OPTICAL CABLE CORP

Net sales $17.4M (+11.2% YoY); gross profit $4.8M (+17.6%) with margin 27.7% vs 26.2%.
Net loss $372K ($0.05/share) vs net income $5.4M ($0.71) in Q3 prior year; prior year included PPP loan forgiveness and ERTC.
Sales order backlog exceeds $15.0M, three to five times typical; strong demand continues.
Supply chain and labor constraints temper production; cost inflation partially offset by price increases.
SG&A expenses rose to $5.0M (+9.3%) due to higher employee and sales personnel costs.

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