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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 GM: OCC) will release its third quarter fiscal results on September 12, 2022, covering the three and nine-month periods ending July 31, 2022. A conference call will follow at 10:00 a.m. Eastern Time. Interested participants can dial in at (800) 225-9448 in the U.S. or (203) 518-9856 internationally, using Conference ID: OCCQ322. A replay of the call will be available until September 19, 2022, and will also be streamed live on the company's website.
Optical Cable Corporation (OCC) reported a 9.3% year-over-year increase in net sales for Q2 2022, totaling $17.2 million, driven by demand in enterprise and specialty markets. Gross profit rose 4.4% to $5.0 million, with a margin of 29.3%. However, the company faced a net loss of $228,000 or $0.03 per share, down from a profit of $3.4 million or $0.45 in Q2 2021. SG&A expenses increased to $5.0 million, reflecting higher personnel costs. The first half of 2022 saw a 14.6% revenue boost to $31.6 million, but net loss accumulated to $1.2 million.
Optical Cable Corporation (Nasdaq GM: OCC) will announce its second quarter results for fiscal year 2022 on June 13, 2022. This will cover the three- and six-month periods ended April 30, 2022. A conference call is scheduled for 10:00 a.m. Eastern Time on the same day, where analysts and investors can engage in Q&A. Participants can dial in at (800) 909-7113 (U.S.) or (785) 424-1677 (internationally) with the Conference ID: OCCQ222. A replay will be available until June 20, 2022.
Optical Cable Corporation (OCC) reported a 21.6% increase in net sales, totaling $14.4 million for Q1 2022, up from $11.9 million in Q1 2021. Gross profit surged 75.2% to $4.0 million, with a gross profit margin rising to 28.0%. However, the company faced a net loss of $936,000 ($0.12 per share), compared to a $2.1 million loss in the previous year. Increased SG&A expenses, reaching $4.8 million, primarily stemmed from personnel costs. OCC's backlog remains strong, indicating solid future demand despite ongoing supply chain challenges.
Optical Cable Corporation (Nasdaq GM: OCC) will release its first quarter fiscal year 2022 results on March 17, 2022, covering the period ending January 31, 2022. A conference call will take place at 10:00 a.m. Eastern Time for analysts and investors, with dial-in details provided. OCC, a manufacturer of fiber optic and copper cabling solutions, has facilities in Roanoke, Virginia, Asheville, North Carolina, and Dallas, Texas. The company invites individual investors to submit questions in advance for discussion during the call.
Optical Cable Corporation (OCC) reported a 14.4% increase in fourth quarter net sales, reaching $15.9 million, compared to $13.9 million last year. Gross profit rose 20.0% to $5.1 million, with a gross profit margin increase to 31.8%. For fiscal year 2021, net sales increased 7.0% to $59.1 million, with a net income of $6.6 million, a turnaround from a loss in the previous year. OCC benefitted from a $5.0 million gain on debt extinguishment and $4.3 million from employee retention tax credits, fostering optimism for future growth.
Optical Cable Corporation (OCC) will release its fourth quarter and fiscal year 2021 results on December 20, 2021, after the three-month and twelve-month periods ending October 31, 2021. A conference call will occur at 10:00 a.m. Eastern Time on the same day, allowing analysts and investors to participate by phone or online. OCC manufactures diverse fiber optic and copper cabling solutions for various markets, boasting facilities that are ISO certified. Further details are available on their investor relations website.
Optical Cable Corporation (Nasdaq GM: OCC) reported a 14.6% increase in consolidated net sales for Q3 2021, reaching $15.6 million compared to $13.6 million in Q3 2020. The gross profit also grew by 17.8% to $4.1 million. Net income shifted to $5.4 million or $0.71 per share, contrasting sharply with a $1.4 million loss in the prior year. Factors contributing to this growth included lifting COVID-19 restrictions and an increase in sales order backlog.
On September 9, 2021, Optical Cable Corporation (Nasdaq GM: OCC) announced it will release its third quarter fiscal year 2021 results on September 13, 2021. These results will cover the three-month and nine-month periods ending on July 31, 2021. A conference call will be held on the same day at 10:00 a.m. Eastern Time, with participation options for U.S. and international callers. A replay will be accessible until September 20, 2021. OCC specializes in fiber optic and copper data communication cabling and solutions for various markets.
Optical Cable Corporation (Nasdaq: OCC) reported a 5.9% increase in net sales for Q2 2021, totaling $15.7 million, driven by growth in enterprise and specialty markets. The gross profit also rose by 20.6% to $4.8 million, resulting in a 30.6% gross profit margin. OCC achieved net income of $3.4 million, or $0.45 per share, a turnaround from a net loss of $1.7 million in Q2 2020. SG&A expenses decreased 17.3% to $4.6 million. The company benefited from employee retention tax credits totaling $3.4 million.
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