{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-006464","form_type":"8-K","ticker":"OCC","cik":"0001000230","company_name":"OPTICAL CABLE CORP","filed_at":"2023-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.382614+00:00","generated_at":"2026-06-18T02:43:36.736014+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Optical Cable Q1 net sales up 26.6% to $18.3M; swings to net income of $0.10 per share","bullets":["Net sales $18.3M, +26.6% YoY; gross profit $6.5M, +61.2%; gross margin 35.7% vs 28.0%.","Net income of $810K ($0.10 diluted EPS) vs net loss of $936K ($0.12 loss) in prior year.","SG&A $5.5M (29.8% of sales) vs $4.8M (33.1%); increase due to employee and sales costs.","Order backlog/forward load remains above typical levels; CEO cites strong demand across markets.","Company reports improved pricing and production throughput driving results."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-006464","json":"https://secwatch.observer/filing/0001437749-23-006464.json","markdown":"https://secwatch.observer/filing/0001437749-23-006464.md","text":"https://secwatch.observer/filing/0001437749-23-006464.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1000230/000143774923006464/0001437749-23-006464-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1000230/000143774923006464/occ20230314_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T02:43:36.736014+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":"1caae885e801c5147fd6880fcbe7577b0e3aaa2c","claim":"OPTICAL CABLE CORP reported its first quarter ended January 31, 2023 results: revenue $18.3 million, net income $810,000, or $0.10 per basic and diluted share, EPS $0.10 per basic and diluted share.","evidence_excerpt":"results for its first quarter ended January 31, 2023. First Quarter 2023 Financial Results Consolidated net sales for the first quarter of fiscal year 2023 increased 26.6% to $18.3 million, compared to net sales of $14.4 million for the same period last year, with increased net sales in the Company’s enterprise and specialty markets, as well as the wireless carrier","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1000230/000143774923006464/0001437749-23-006464-index.htm","confidence":0.97,"family_label":"Earnings Releases","details":[{"label":"Period","value":"its first quarter ended January 31, 2023"},{"label":"Revenue","value":"$18.3 million"},{"label":"Net income","value":"$810,000, or $0.10 per basic and diluted share"},{"label":"EPS","value":"$0.10 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"}