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Overview of Optical Cable Corporation (OCC)
Optical Cable Corporation (OCC) is a pioneering force in the design and manufacturing of high-performance fiber optic and copper cabling systems. With a rich heritage rooted in innovation, OCC specializes in data communication and connectivity solutions that are engineered to perform in the most challenging environments. By leveraging its deep expertise in fiber optic cable technology, OCC addresses the pressing needs of modern enterprise networks, mission-critical data centers, broadcast facilities, and specialized industrial applications. Its comprehensive approach—from the design phase to final integration—ensures that each product not only meets rigorous performance standards but also supports a wide variety of applications, ranging from enterprise installations to harsh, customized environments.
Innovative Product Offerings and Integrated Connectivity
At its core, OCC develops and manufactures a broad spectrum of cabling solutions that go beyond conventional offerings. The company’s portfolio includes tight-buffered fiber optic cables, copper data communication cables, and a suite of connectivity products such as patch cords, connectors, assemblies, patch panels, and customized enclosures. These products are carefully engineered to operate as cohesive systems that are "smarter than the most challenging situations". The focus on integrated connectivity ensures that users can rely on a single source for most of their infrastructure needs, reducing complexity and enhancing system reliability.
Quality and Performance in Demanding Environments
Quality is the keystone of OCC's operations. The company was built on a commitment to excellence, emphasizing high performance, durability, and reliability. OCC’s manufacturing facilities are ISO 9001:2015 registered, and select plants carry MIL-STD certifications, ensuring that its products meet stringent quality standards required by markets such as military, industrial, mining, petrochemical, and broadcast applications. This dedication to quality has positioned OCC as a trusted supplier for industries that rely on robust and resilient communication systems.
Market Position and Competitive Differentiation
OCC serves a diverse range of industries including commercial enterprise, education, government, military, renewable energy, and telecommunication sectors. This diversity not only mitigates market fluctuations but also highlights the company’s ability to customize its solutions to fit unique operational challenges. Unlike many competitors whose products may address only one segment of the market, OCC’s integrated suite of products connects various applications seamlessly, offering significant operational synergy and efficiency. The company's long-standing reputation for quality and performance is reinforced by its continuous innovation and adaptation to evolving market needs.
Engineering Excellence and Customization
One of the defining characteristics of OCC is its commitment to engineering excellence. The company employs advanced technologies and rigorous testing protocols in every stage of product development. This process ensures that each cable and connectivity component is tailored to meet the specific performance requirements of its intended application. Whether addressing the high bandwidth demands of modern data centers or the reliability needs of military communication systems, OCC’s products are designed with both precision and adaptability in mind. Its ability to create customized solutions further differentiates its offerings in a crowded and competitive market.
Broad Industry Applications and End-User Reliability
OCC’s products are deployed across a multitude of industries. Data centers, academic institutions, and large commercial enterprises depend on the company’s cabling systems for maintaining robust and secure communication networks. Meanwhile, specialty markets—such as those involving petrochemical processing, mining operations, and renewable energy installations—benefit from the enhanced durability and performance of OCC’s custom-designed products. The company also serves critical infrastructure sectors, ensuring that even the most sensitive operations, such as military communications and emergency services, have access to reliable connectivity solutions.
Commitment to Customer-Centric Solutions
The company’s comprehensive approach to connectivity is rooted in its understanding of customer needs. OCC works closely with clients to design and integrate solutions that not only meet current demands but also exhibit the versatility required for future scalability. This dedication has earned OCC the trust of some of the world’s most respected corporations, data centers, and public institutions. By maintaining a focus on delivering value through performance, reliability, and precision engineering, OCC continues to set a high standard in the connectivity market.
Operational Excellence and Industry Certifications
OCC’s manufacturing processes are marked by operational excellence. The company’s facilities, equipped with modern production lines and stringent quality control measures, assure that every product consistently delivers the expected performance. Certifications such as ISO 9001:2015 and MIL-STD-790G are testaments to the company’s adherence to the highest standards of manufacturing quality and process integrity. These certifications speak volumes about OCC’s commitment to reliability, safety, and continuous improvement, making it a critical partner for high-stakes industries.
Integrated Solutions for a Connected World
Beyond providing individual components, OCC offers integrated connectivity systems that streamline the deployment and maintenance of communication networks. This systemic approach enables seamless integration with other infrastructure components, reducing downtime and facilitating easier management for end users. With a focus on both immediate performance and long-term operational efficiency, OCC continues to innovate with products that are designed to adapt to the evolving technological landscape.
Conclusion
In summary, Optical Cable Corporation stands as a beacon of engineering excellence and reliability. Its comprehensive range of fiber optic and copper communication solutions, combined with its commitment to quality, customization, and operational efficiency, solidify its position within the connectivity market. By serving a diverse range of industries—from data centers and enterprise networks to specialized applications in military and industrial sectors—OCC remains an indispensable player in the evolution of modern communication infrastructure.
Optical Cable Corporation (Nasdaq: OCC) reported a strong first quarter for fiscal year 2023, with net sales increasing by 26.6% to $18.3 million from $14.4 million year-over-year. Gross profit surged 61.2% to $6.5 million, resulting in a gross profit margin of 35.7%, up from 28.0%. The company also achieved a net income of $810,000 or $0.10 per share, a turnaround from a net loss of $936,000 in Q1 2022. SG&A expenses rose to $5.5 million, accounting for 29.8% of net sales, down from 33.1%.
Optical Cable Corporation (OCC) will release its first quarter fiscal year 2023 results on March 13, 2023, covering the three-month period ending January 31, 2023. A conference call will be held at 10:00 a.m. Eastern Time the same day for analysts and investors, with the option to submit questions in advance. OCC is a prominent manufacturer of fiber optic and copper data communication cabling, focusing on both enterprise and specialty markets, and is recognized for its innovative communication technologies. The company is headquartered in Roanoke, Virginia, with facilities certified by ISO 9001:2015 and MIL-STD-790G.
Optical Cable Corporation (Nasdaq GM: OCC) reported a strong fiscal year 2022, with net sales increasing by 16.8% to $69.1 million and a 31.0% rise in fourth-quarter gross profit to $6.6 million. The fourth quarter saw net sales grow 26.3% sequentially, bolstered by demand and production efficiency. Despite challenges from COVID-19 impacting supply chains, the company recorded a net income of $1.2 million for the fourth quarter, reversing a previous loss. However, the annual net loss stood at $347,000.
Optical Cable Corporation (Nasdaq GM: OCC) is set to announce its fourth quarter and fiscal year 2022 results on December 22, 2022, covering the period ending October 31, 2022. A conference call will follow on the same day at 10:00 a.m. ET to discuss the financial outcomes. Interested participants can join via phone or online, with a replay available until December 29, 2022. OCC specializes in fiber optic and copper data communication solutions, catering to various markets including enterprise and harsh environments.
Optical Cable Corporation (OCC) reported its third-quarter financial results for fiscal year 2022, showing a 11.2% increase in net sales to $17.4 million, and a 17.6% rise in gross profit to $4.8 million. The company noted strong demand in specialty markets, particularly wireless carriers, despite challenges in the enterprise market. The gross profit margin improved to 27.7%. However, OCC recorded a net loss of $372,000 compared to a net income of $5.4 million last year. For the first nine months, net sales rose 13.3% to $49 million, but the company faced rising costs and a net loss of $1.5 million.