{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-029602","form_type":"8-K","ticker":"OCC","cik":"0001000230","company_name":"OPTICAL CABLE CORP","filed_at":"2022-12-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.112676+00:00","generated_at":"2026-06-20T23:47:23.455123+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Optical Cable Q4 net sales up 26.3% to $20.1M; net income $1.2M vs loss last year","bullets":["Q4 net sales $20.1M (+26.3% YoY); net income $1.2M ($0.15/share) vs net loss $6k.","Fiscal year 2022 net sales $69.1M (+16.8%); net loss $347k (-$0.05/share) due to prior-year one-time gains.","Gross profit margin improved to 33.0% in Q4 (vs 31.8%) and 29.7% for FY (vs 27.5%).","Backlog/forward load remains 3-4x higher than typical levels; demand strong in enterprise and specialty markets."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-029602","json":"https://secwatch.observer/filing/0001437749-22-029602.json","markdown":"https://secwatch.observer/filing/0001437749-22-029602.md","text":"https://secwatch.observer/filing/0001437749-22-029602.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1000230/000143774922029602/0001437749-22-029602-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1000230/000143774922029602/occ20221222_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T23:47:23.455123+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"de2e00ba26b52e87240acaf23d731702fe579b6c","claim":"OPTICAL CABLE CORP reported the fourth quarter of fiscal year 2022 results: revenue $20.1 million, net income $1.2 million, EPS $0.15 per basic and diluted share.","evidence_excerpt":"2022 and its fourth quarter ended October 31, 2022. Fourth Quarter 2022 Financial Results Consolidated net sales for the fourth quarter of fiscal year 2022 increased 26.3% to $20.1 million, compared to net sales of $15.9 million for the same period last year, with increased net sales in both its enterprise and specialty markets, including the wireless carrier","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1000230/000143774922029602/0001437749-22-029602-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of fiscal year 2022"},{"label":"Revenue","value":"$20.1 million"},{"label":"Net income","value":"$1.2 million"},{"label":"EPS","value":"$0.15 per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"dee7ff15102b44bae4c7369cf0a14d39b924634e","claim":"OPTICAL CABLE CORP reported the fiscal year 2022 results: revenue $69.1 million, net income $347,000, EPS $0.05 per basic and diluted share.","evidence_excerpt":"basic and diluted share, for the fourth quarter of fiscal year 2021. Fiscal Year-to-Date 2022 Financial Results Consolidated net sales for fiscal year 2022 increased 16.8% to $69.1 million, compared to net sales of $59.1 million for fiscal year 2021. The Company increased net sales in both its enterprise and specialty markets, including the wireless carrier market.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1000230/000143774922029602/0001437749-22-029602-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year 2022"},{"label":"Revenue","value":"$69.1 million"},{"label":"Net income","value":"$347,000"},{"label":"EPS","value":"$0.05 per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}