Optical Cable Corporation (OCC) reported a significant increase in net sales and gross profit for the third quarter of fiscal year 2025.
Consolidated net sales rose by 22.8% to $19.9 million compared to the previous year, driven by growth in both enterprise and specialty markets.
Gross profit surged by 61.2% to $6.3 million, benefiting from increased volumes and operating leverage gains.
Sales Growth
Consolidated net sales increased by 22.8% in Q3 2025 compared to the same period in 2024.
International Sales
Net sales to customers outside the U.S. grew by 26.2% in Q3 2025.
Gross Profit Margin
Gross profit margin reached 31.7% in Q3 2025, a significant improvement over the previous year.
Net Income
Recorded net income of $302,000, a substantial turnaround from the net loss in Q3 2024.
- The positive growth in net sales and gross profit reflects OCC's successful market strategies and operational efficiency.
- Strengthening in OCC's military and severe duty markets contributed to the company's overall performance.
- The increase in gross profit margin indicates improved cost management and production efficiencies.
Overall, Optical Cable Corporation's third quarter results demonstrate strong financial performance and growth potential in diversified markets.