Optical Cable Corp: Falls as Q4 revenue slides on pandemic hit

Optical Cable

21/12/2020 15:07

** Shares of fiber optic cable maker  OCC.O  down 8.47% at
$2.7
    ** Co's Q4 rev falls 23.6% to $13.9 mln due to pandemic hit
as customers limited their operations and reduced or delayed
product purchases  urn:newsml:reuters.com:*:nPn8SRfpqa
    ** OCC's specialty markets most significantly impacted, with
net sales declining 30.0% from year earlier
    ** Reports Q4 loss of 6 cents/share vs loss of 9
cents/share, a year earlier
    ** OCC shares down 9.23% this year, as of last close

 (Reporting by Lasya Priya M in Bengaluru)
 ((LasyaPriya.M@thomsonreuters.com;))