Optical Cable Corp. (OCC) Reports Q1 Loss of $0.09
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Optical Cable Corporation Reports First Quarter 2017 Financial Results
March 8, 2017 8:00 AM ESTROANOKE, Va., March 8, 2017 /PRNewswire/ -- Optical Cable Corporation (Nasdaq GM: OCC) ("OCC®" or the "Company") today announced financial results for its first quarter ended January 31, 2017.
First Quarter 2017 Financial Results
Consolidated net sales for the first quarter of fiscal year 2017 were $14.6 million, a 4.0% increase compared to net sales of $14.0 million for the first quarter of fiscal year 2016. These results were driven by an increase in net sales in the Company's enterprise markets, including a double-digit increase in fiber optic cable sales.
Net sales to customers in... More
