secwatch.observer — SEC 8-K summary
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Issuer:     OPTICAL CABLE CORP (OCC)
CIK:        0001000230
Form:       8-K
Filed at:   2022-12-22T23:59:59+00:00
Accession:  0001437749-22-029602
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Optical Cable Q4 net sales up 26.3% to $20.1M; net income $1.2M vs loss last year
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000230/000143774922029602/0001437749-22-029602-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000230/000143774922029602/occ20221222_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-029602

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer