Optical Cable Corp Reports Q2 Profit on Higher Sales; Secures New Loan

Key Highlights

• Optical Cable Corporation reported net sales of $22.21 million for the three months ended April 30, 2026, an increase from $17.55 million in the prior year period.
• For the six months ended April 30, 2026, net sales were $38.64 million, up from $33.29 million in the same period last year.
• Net income for the three months ended April 30, 2026 was $1.05 million, or $0.12 per diluted share, compared to a net loss of $0.70 million, or ($0.09) per diluted share, in the prior year.
• The six-month period ended April 30, 2026, resulted in a net income of $0.66 million, or $0.07 per diluted share, a significant improvement from a net loss of $1.81 million, or ($0.23) per diluted share, in the prior year.
• Total assets increased to $42.41 million as of April 30, 2026, from $40.06 million as of October 31, 2025.
• Total liabilities increased to $20.17 million as of April 30, 2026, from $18.49 million as of October 31, 2025.
• The company secured a new $2.65 million term loan with Freedom First Federal Credit Union.