Optical Cable Q1 sales rise on enterprise and specialty‑market strength

Optical Cable

10/03/2026 12:11

Overview

Fiber optic cable maker's fiscal Q1 net sales rose 4.4% yr/yr

Gross profit for fiscal Q1 increased 16.1% yr/yr

Company recorded net loss of $0.05 per share, improved from last year

Outlook

Company sees growing momentum in targeted markets, including data center market

Company expects to build on current momentum during fiscal year 2026

Result Drivers

INCREASED DEMAND - Co experienced increased demand in enterprise and specialty markets, contributing to sales growth

MANUFACTURING LEVERAGE - Improved manufacturing operating leverage positively impacted gross profit

BACKLOG GROWTH - Sales order backlog increased over 50%, indicating strong future demand

Company press release: ID:nPn7PzKtGa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
$16.43 mln
Q1 EPS
-$0.05
Q1 Net Income
-$398,000
Q1 Gross Profit
$5.37 mln
Q1 Income From Operations
-$208,000
Q1 Pretax Profit
-$419,000


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)