Source-grounded facts extracted from OPTICAL CABLE CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
OPTICAL CABLE CORP reported first half of fiscal year 2026 results: revenue $38.6 million, net income $657,000, or $0.07 per basic and diluted share, EPS $0.07 per basic and diluted share.
“Consolidated net sales for the first half of fiscal year 2026 were $38.6 million, an increase of 16.1% compared to net sales of $33.3 million for the first half of fiscal year 2025”
OPTICAL CABLE CORP reported second quarter of fiscal year 2026 ended April 30, 2026 results: revenue $22.2 million, net income $1.1 million, or $0.12 per basic and diluted share, EPS $0.12 per basic and diluted share.
“quarter of fiscal year 2026 ended April 30, 2026. Second Quarter 2026 Financial Results Consolidated net sales for the second quarter of fiscal year 2026 increased 26.6% to $22.2 million, compared to $17.5 million for the same period in the prior year. OCC experienced an increase in net sales in both its enterprise and specialty markets during the second quarter”
OPTICAL CABLE CORP terminated Virginia Real Estate Loan with Northeast Bank with Northeast Bank (effective 2026-04-30).
“Coinciding with the Company entering the Loan Agreement with Freedom First, the Company paid the full outstanding balance of the Company’s existing Virginia Real Estate Loan with Northeast Bank, which had a maturity date of May 5, 2026, and had an interest rate equal to the Prime Rate, adjusted monthly, provided, however, that the interest rate would never be less than 8.5% per annum.”
OPTICAL CABLE CORP entered into Promissory Note with Freedom First Federal Credit Union valued at $2,650,000.00 (effective 2026-04-30).
“the Company also executed a Promissory Note dated April 30, 2026, in the original principal amount of $2,650,000.00 in favor of Freedom First”
OPTICAL CABLE CORP entered into Business Loan Agreement with Freedom First Federal Credit Union valued at $2,650,000.00 (effective 2026-04-30).
“On April 30, 2026, Optical Cable Corporation, a Virginia corporation (the “ Company ”), entered into a Business Loan Agreement (the “ Loan Agreement ”) with Freedom First Federal Credit Union”
OPTICAL CABLE CORP reported first quarter of fiscal year 2026 ended January 31, 2026 results: revenue $16.4 million, net income $398,000, EPS $0.05 per basic and diluted share.
“Consolidated net sales for the first quarter of fiscal year 2026 increased 4.4% to $16.4 million, compared to $15.7 million for the same period in the prior year. OCC experienced an increase in net sales in both its enterprise and specialty markets during the first quarter of fiscal year 2026, compared to the first quarter of fiscal year 2025. Net sales to customers outside of the United States increased 18.0% and net sales to customers in the United States increased less than one percent in the first quarter of fiscal year 2026, compared to the same period last year. At the end of the first quarter of fiscal year 2026, the Company’s sales order backlog/forward load increased to $10.4 million when compared to $7.3 million as of October 31, 2025. Gross profit increased 16.1% to $5.4 million in the first quarter of fiscal year 2026, compared to $4.6 million for the same period in fiscal year 2025, as a result of increased volumes and the resulting positive impact of OCC’s manufacturing o”
OPTICAL CABLE CORP reported that prior financial statements should not be relied upon.
“On December 20, 2024, the Company’s audit committee of the Board of Directors (the “Audit Committee”), based on the recommendation of, and after consultation with, the Company’s management, concluded that: (i) the Company’s Revolver balance should be included as a current liability on the Company’s balance sheet, rather than as a noncurrent liability of the balance sheet; and (ii) the Company’s audited financial statements for the year ended October 31, 2023, and the financial statements for the quarters ended January 31, 2024 and 2023, April 30, 2024 and 2023, July 31, 2024 and 2023 (collectively, the “Non-Reliance Periods”), as reported in the Company’s annual Report on Form 10-K filed on December 20, 2023 and in the Company’s Quarterly Reports on Form 10-Qs filed on March 13, 2024, March 14, 2023, June 10, 2024, June 12, 2023, September 11, 2024 and September 12, 2023 should no longer be relied upon”
OPTICAL CABLE CORP shareholders approved Approval, on a non-binding advisory basis, of the compensation of the Company's named executive officers at the 2024-03-26 meeting.
“The compensation of the Company’s named executive officers was approved on a non-binding advisory basis. The vote regarding the approval was as follows: Number of Common Share Votes For 3,961,370 Number of Common Share Votes Against 261,271 Number of Common Share Votes Abstain 71,981”
OPTICAL CABLE CORP shareholders approved Election of five directors at the 2024-03-26 meeting.
“Each of the following directors were elected to serve until the next annual meeting of shareholders and until their successors are duly elected and qualified. The vote regarding such directors was as follows: Directors Common Share Votes For Common Share Votes Withheld Neil D. Wilkin, Jr. 3,528,861 765,762 Randall H. Frazier 3,267,842 1,026,781 John M. Holland 3,311,831 982,792 John A. Nygren 3,316,865 977,758 Craig H. Weber 3,505,661 788,962”
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.
“Consolidated net sales for the first quarter of fiscal year 2024 were $14.9 million”
OPTICAL CABLE CORP reported fourth quarter ended October 31, 2023 results: revenue $17.3 million, net income net loss of $1.3 million, EPS $0.17 per basic and diluted share.
“Company’s statement of operations during fiscal year 2023. Fourth Quarter 2023 Financial Results Consolidated net sales for the fourth quarter of fiscal year 2023 decreased to $17.3 million, or 13.6%, compared to net sales of $20.1 million for the same period in the prior year, with decreased net sales in the Company’s enterprise market partially offset by increased”
OPTICAL CABLE CORP reported fiscal year ended October 31, 2023 results: revenue $72.2 million, net income $2.1 million, EPS $0.26 per basic and diluted share.
“results for its fiscal year and its fourth quarter ended October 31, 2023. Fiscal Year 2023 Financial Results Consolidated net sales for fiscal year 2023 increased 4.5% to $72.2 million, compared to net sales of $69.1 million for fiscal year 2022. The Company achieved increases in net sales in its specialty markets in fiscal year 2023, compared to the prior”
OPTICAL CABLE CORP amended Omnibus Amendment of Loan Documents with Northeast Bank valued at approximately $2,675,244 (effective 2023-10-31).
“On October 31, 2023, Optical Cable Corporation (the “Company”) and Northeast Bank, a banking corporation organized under the laws of Maine (the “Lender”) entered into an Omnibus Amendment of Loan Documents (the “Amendment”) to modify certain loan documents currently in effect between the parties related to the real estate term loan (the “Virginia Real Estate Loan”) evidenced by the Term Loan B Note (“Note B), and a supplemental real estate term loan (the “North Carolina Real Estate Loan”) evidenced by the Term Loan A Note (“Note A”), with the Virginia Real Estate Loan and the North Carolina Real Estate Loan, together, referred to as the “Loans”.”
OPTICAL CABLE CORP reported first nine months of fiscal year 2023 results: revenue $54.8 million, net income net income of $3.3 million, EPS $0.42 per basic and diluted share.
“Consolidated net sales for the first nine months of fiscal year 2023 increased 11.9% to $54.8 million, compared to net sales of $49.0 million for the first nine months of fiscal year 2022. The Company achieved increases in net sales in its specialty markets in the first nine months of fiscal year 2023, compared to the same period last year, but the increases were partially offset by decreases in its enterprise market. The Company’s sales order backlog/forward load remains at higher than typical levels, but decreased to approximately $6.8 million at the end of the first nine months of fiscal year 2023, compared to approximately $8.0 million at the end of the second quarter of fiscal year 2023 and more than $12.0 million at the end of fiscal year 2022. OCC reported gross profit of $18.4 million in the first nine months of fiscal year 2023, an increase of 32.6% compared to gross profit of $13.9 million in the first nine months of fiscal year 2022. Gross profit margin increased to 33.6% in”
OPTICAL CABLE CORP reported third quarter ended July 31, 2023 results: revenue $16.9 million, net income net income of $101,000, EPS $0.01 per basic and diluted share.
“Consolidated net sales for the third quarter of fiscal year 2023 decreased 2.5% to $16.9 million, compared to net sales of $17.4 million for the same period last year, with decreased net sales in the Company’s enterprise market partially offset by increased net sales in its specialty markets. Gross profit increased 6.4% to $5.1 million in the third quarter of fiscal year 2023, compared to gross profit of $4.8 million for the same period last year. Gross profit margin, or gross profit as a percentage of net sales, increased to 30.2% in the third quarter of fiscal year 2023 compared to 27.7% in the third quarter of fiscal year 2022. OCC realized improved gross profit margins compared to the third quarter of fiscal year 2022 despite a comparable decrease in net sales levels. The Company attributes this margin improvement to gains in production efficiency as well as the impact of a more fully trained workforce. Optical Cable Corp. – Third Quarter 2023 Earnings Release Page 2 of 6 SG&A expe”
OPTICAL CABLE CORP reported first half of fiscal year 2023 results: revenue $37.9 million, net income $3.2 million, EPS $0.41 per basic and diluted share.
“Consolidated net sales for the first half of fiscal year 2023 increased 19.8% to $37.9 million, compared to net sales of $31.6 million for the first half of fiscal year 2022. The Company achieved increases in net sales in its specialty markets in the first half of fiscal year 2023, compared to the same period last year, but the increases were partially offset by decreases in its enterprise market. The Company’s sales order backlog/forward load continues to remain at higher than typical levels, while decreasing to approximately $8.0 million at the end of the second quarter of fiscal year 2023, compared to more than $12.0 million at the end of the fourth quarter of fiscal year 2022. OCC reported gross profit of $13.3 million in the first half of fiscal year 2023, an increase of 46.5% compared to gross profit of $9.1 million in the first half of fiscal year 2022. Gross profit margin increased to 35.1% in the first half of fiscal year 2023 compared to 28.7% for the same period in fiscal ye”
OPTICAL CABLE CORP reported second quarter of fiscal year 2023 results: revenue $19.6 million, net income $2.4 million, EPS $0.31 per basic and diluted share.
“Consolidated net sales for the second quarter of fiscal year 2023 increased 14.1% to $19.6 million, compared to net sales of $17.2 million for the same period last year, with increased net sales in the Company’s specialty markets partially offset by decreased net sales in its enterprise market. Gross profit increased 34.8% to $6.8 million in the second quarter of fiscal year 2023, compared to gross profit of $5.0 million for the same period last year. Gross profit margin, or gross profit as a percentage of net sales, increased to 34.6% in the second quarter of fiscal year 2023 compared to 29.3% in the second quarter of fiscal year 2022. OCC’s increased gross profit margin reflects the Company’s strong operating leverage, as higher net sales levels are achieved and fixed manufacturing costs are spread over higher sales. This operating leverage positively impacted the Company’s gross profit margin during both the second quarter and first half of fiscal year 2023, when compared to the sam”
OPTICAL CABLE CORP shareholders approved Approval, on a non-binding advisory basis, of the compensation of the Company's named executive officers at the 2023-03-28 meeting.
“3. Approval, on a non-binding advisory basis, of the compensation to the Company ’ s named executive officers. The compensation of the Company’s named executive officers was approved on a non-binding advisory basis. The vote regarding the approval was as follows: Number of Common Share Votes For 4,365,472 Number of Common Share Votes Against 95,073 Number of Common Share Votes Abstain 2,614 Number of Common Share Broker Non-Votes 1,033,268”
OPTICAL CABLE CORP shareholders approved Ratification of Brown, Edwards & Company L.L.P. as the independent registered public accounting firm at the 2023-03-28 meeting.
“2. Ratification of Brown, Edwards & Company L.L.P. Brown, Edwards & Company, L.L.P. was ratified as the independent registered public accounting firm for OCC. The vote regarding the ratification was as follows: Number of Common Share Votes For 5,485,420 Number of Common Share Votes Against 1,241 Number of Common Share Votes Abstain 9,766”
OPTICAL CABLE CORP shareholders approved Election of Directors at the 2023-03-28 meeting.
“1. Election of Directors. Each of the following directors were elected to serve until the next annual meeting of shareholders and until their successors are duly elected and qualified. The vote regarding such directors was as follows: Directors Common Share V otes For Common Share Votes Withheld Common Share Broker Non-Votes Neil D. Wilkin, Jr. 3,776,692 686,467 1,033,268 Randall H. Frazier 3,530,748 932,411 1,033,268 John M. Holland 3,535,107 928,052 1,033,268 John A. Nygren 3,601,185 861,974 1,033,268 Craig H. Weber 3,747,946 715,213 1,033,268”
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.
“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”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.