Optical Cable Corporation (NASDAQ:OCC) shares are trading higher Monday after the company reported second-quarter earnings today before the market opened.
- Optical Cable stock is approaching key resistance levels. Why did OCC hit a new high?
Q2 Earnings
Optical Cable reported earnings per share of 12 cents, up from a loss of 9 cents per share year-over-year. In addition, it reported revenue of $22.21 million, up from $17.55 million year-over-year.
Gross profit jumped 42.4% to $7.6 million, with gross profit margin expanding to 34.2% from 30.4% in the same period last year, driven by increased volumes and manufacturing operating leverage.
SG&A expenses increased to $6.3 million from $5.7 million, though as a percentage of net sales they fell to 28.2% from 32.7% — reflecting the positive impact of the company’s operating leverage.
The company’s sales order backlog increased to $13.3 million at the end of the quarter, up more than 27% from $10.4 million as of January 31, and up more than 82% from $7.3 million as of October 31, 2025.
“Following a solid start to the year, OCC continued to advance its strong growth and momentum,” said Neil Wilkin, President and CEO. “As we look to the second half of the year, we are confident in OCC’s ability to capitalize on our momentum and our continuing opportunities for growth.”
Optical Cable Shares Climb
OCC Price Action: At the time of publication, Optical Cable shares are trading 50.41% higher at $18.50, according to data from Benzinga Pro.
This illustration was generated using artificial intelligence via Midjourney.