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

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

Optical Cable Corporation Reports First Quarter 2019 Financial Results

March 12, 2019 8:00 AM EDT

ROANOKE, Va., March 12, 2019 /PRNewswire/ -- Optical Cable Corporation (Nasdaq GM: OCC) ("OCC®" or the "Company") today announced financial results for its first quarter ended January 31, 2019.

First Quarter 2019 Financial Results

Consolidated net sales were $16.8 million in the first quarter of fiscal year 2019, a decrease of 4.6% when compared to net sales of $17.6 million in the first quarter of fiscal year 2018.  The Company's net sales in enterprise and specialty markets decreased in the first quarter of fiscal year 2019, compared to the same period last year.  The net decrease in the... More