Optical Cable Corp. (OCC) Reports Q3 Loss of $0.08

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Go back to Optical Cable Corp. (OCC) Reports Q3 Loss of $0.08

Optical Cable Corporation Reports Second Quarter 2015 Financial Results

June 12, 2015 8:00 AM EDT

ROANOKE, Va., June 12, 2015 /PRNewswire/ -- Optical Cable Corporation (Nasdaq GM: OCC) ("OCC®" or the "Company") today announced financial results for its fiscal second quarter ended April 30, 2015.

Second Quarter 2015 Financial Results

Consolidated net sales for the second quarter of fiscal year 2015 were $18.7 million, compared to net sales of $20.2 million for the second quarter of fiscal year 2014, a decrease of 7.5%.  Net sales increased 7.6% in the second quarter of fiscal year 2015, compared to net sales of $17.4 million for the first quarter of fiscal year 2015.

Gross profit was $5.7 million in... More