Optical Cable Corp. (OCC) Reports Q1 Loss of $0.44 on Revenues of $16.8M

Optical Cable Corp. (NASDAQ: OCC) reported Q1 EPS of ($0.44), versus ($0.06) reported last year. Revenue for the quarter came in at $16.8 million, versus $17.6 million reported last year.

Neil Wilkin, President and Chief Executive Officer of OCC, said, "Demand for OCC's comprehensive suite of innovative and integrated solutions continues to show strength—particularly in a number of our specialty markets—and OCC is taking actions to meet this increasing product demand. We are working hard to quickly realize the ultimate benefits of initiatives to increase manufacturing throughput and enhanced operational efficiency."

Mr. Wilkin concluded, "We are excited about the opportunities we see for 2019 and beyond. As we move forward, we are focused on executing on our growth strategies and marketing initiatives in targeted markets to meet the needs of our diverse customer base. We are confident the actions we are taking will position OCC to deliver enhanced value for shareholders."

For earnings history and earnings-related data on Optical Cable Corp. (OCC) click here.

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