Optical Cable Corp. (OCC) Announces New Record for Quarterly Sales, Increased Gross Profit, and Net Income
Optical Cable announced Friday that its financial results for its second fiscal quarter, which ended April 30, 2012, show impressive growth compared to the same period in fiscal year 2011. OCC increased net sales, gross profit, and net income for both the quarter and year-to-date periods. Second Quarter 2012 Financial Results OCC’s consolidated net sales for the second quarter of fiscal year 2012 were the highest in OCC’s history. Net sales increased an impressive 28.3% to $22.1 million, compared to the $17.2 million mark for the same period last year. Increased sales of the OCC’s fiber optic cable products are…