earnings
confidence high
sentiment neutral
materiality 0.60
Optical Cable Q1 FY2025: net sales up 6% to $15.7M; net loss narrows to $1.1M
OPTICAL CABLE CORP
- Net sales $15.7M (+6.0% YoY); gross profit $4.6M (+24.6% YoY), margin expanded to 29.4% from 25.0%.
- Net loss $1.1M ($0.14 per share) vs. loss $1.4M ($0.18) a year ago; still loss-making.
- Enterprise and specialty markets grew; military strength noted; U.S. sales +2.3%, international +21.3%.
- Backlog/forward load increased to $6.6M from $5.7M as of Oct 31, 2024.
- SG&A rose to $5.5M (34.7% of sales) from $5.1M (34.3%) on employee and sales personnel costs.