---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-007876"
form_type: "8-K"
ticker: "OCC"
cik: "0001000230"
company_name: "OPTICAL CABLE CORP"
filed_at: "2024-03-14T23:59:59+00:00"
generated_at: "2026-06-04T18:37:20.769307+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OCC Q1 net loss $0.18/share, sales -18.8% to $14.9M

## Summary
- Net sales fell 18.8% YoY to $14.9M; enterprise and wireless carrier markets soft.
- Net loss of $1.4M ($0.18 per share) vs net income of $810K ($0.10) a year ago.
- Gross profit margin dropped to 25.0% from 35.7% on lower volumes and operating leverage.
- Sales order backlog normalized to ~$5.0M vs >$12.0M at start of FY2023.
- Management optimistic on FY2024 improvement; no personnel cuts despite industry cuts.

## SEC filing metadata
- accession: 0001437749-24-007876
- form_type: 8-K
- ticker: OCC
- cik: 0001000230
- company_name: OPTICAL CABLE CORP
- filed_at: 2024-03-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000230/000143774924007876/0001437749-24-007876-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000230/000143774924007876/occ20240314_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-007876
- JSON: https://secwatch.observer/filing/0001437749-24-007876.json
- Plain text: https://secwatch.observer/filing/0001437749-24-007876.txt

## Key facts
- Earnings Releases
  OPTICAL CABLE CORP reported first quarter ended January 31, 2024 results: revenue $14.9 million, net income net loss of $1.4 million, or $0.18 per basic and diluted share, EPS $0.18 per basic and diluted share.
  - Period: first quarter ended January 31, 2024
  - Revenue: $14.9 million
  - Net income: net loss of $1.4 million, or $0.18 per basic and diluted share
  - EPS: $0.18 per basic and diluted share
  - Result: reported results
  source text: Consolidated net sales for the first quarter of fiscal year 2024 were $14.9 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000230/000143774924007876/0001437749-24-007876-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.