Quarterly ResultSep 11, 2026, 04:17 PM
Optical Cable Corp. Q3 Net Sales Up 22% to $24.3M; Net Income $1.9M
AI Summary
Optical Cable Corporation announced strong financial results for its third quarter of fiscal year 2026. Net sales increased by 22.0% to $24.3 million, driven by growth in enterprise, data center, and specialty markets. Gross profit saw a substantial increase of 43.9% to $9.1 million, with gross profit margin improving to 37.4% due to increased volumes and manufacturing operating leverage. The company reported a net income of $1.9 million, or $0.21 per share, a significant improvement from the same period last year. For the year-to-date period, net sales grew 18.3% and the company moved from a net loss to a net income of $2.5 million.
Key Highlights
- Optical Cable Corporation reported Q3 FY2026 net sales of $24.3 million, a 22.0% increase year-over-year.
- Gross profit increased 43.9% to $9.1 million in Q3 FY2026, with gross profit margin rising to 37.4%.
- Net income for Q3 FY2026 was $1.9 million, or $0.21 per share, compared to $302,000, or $0.04 per share, in Q3 FY2025.
- For the first nine months of FY2026, net sales were $62.9 million, up 18.3% year-over-year.
- Year-to-date FY2026 net income was $2.5 million, or $0.28 per share, a significant improvement from a net loss of $1.5 million in the prior year period.
- Sales order backlog/forward load increased to $13.5 million at the end of Q3 FY2026.
Price Impact
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