OverviewSuggest Edit

Optical Cable Corporation manufactures and sells fiber optic and copper data communications cabling and connectivity solutions. The company provides fiber optic cables for high bandwidth transmission of data, video, voice communications, and copper datacom cables. It also offers fiber optic and copper connectivity products, adapters, accessories, and other wiring products as well as network, data storage, and telecommunications management systems.

TypePublic
Founded1983
HQHollins, VA, US
Websiteoccfiber.com
Employee Ratings3
Overall CultureB

Latest Updates

Employees (est.) (Oct 2020)317(-13%)
Job Openings20
Revenue (FY, 2020)$55.3 M(-22%)
Share Price (Sept 2021)$3.5
Cybersecurity ratingBMore

Key People/Management at Optical Cable Corporation

Neil D. Wilkin

Neil D. Wilkin

Chairman of the Board, President and Chief Executive Officer
Tracy G. Smith

Tracy G. Smith

Senior Vice President and Chief Financial Officer
Pranav Singh

Pranav Singh

Vice President Information Technology
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Optical Cable Corporation Office Locations

Optical Cable Corporation has offices in Hollins, Plano and Swannanoa
Hollins, VA, US (HQ)
5290 Concourse Drive South
Plano, TX, US
1700 Capital Ave #150
Swannanoa, NC, US
33 Superior Way
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Optical Cable Corporation Financials and Metrics

Optical Cable Corporation Revenue

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View revenue for all periods
Optical Cable Corporation's revenue was reported to be $55.28 m in FY, 2020 which is a 22.5% decrease from the previous period.
USD

Revenue (Q1, 2021)

11.9m

Gross profit (Q1, 2021)

2.3m

Gross profit margin (Q1, 2021), %

19.4%

Net income (Q1, 2021)

(2.1m)

EBIT (Q1, 2021)

(2.0m)

Market capitalization (15-Sept-2021)

26.2m

Closing stock price (15-Sept-2021)

3.5

Cash (31-Jan-2021)

452.0k

EV

35.7m
Optical Cable Corporation's current market capitalization is $26.2 m.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

87.8m71.3m55.3m

Revenue growth, %

37%(19%)(22%)

Cost of goods sold

60.0m53.0m41.2m

Gross profit

27.9m18.3m14.1m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

16.8m19.0m17.4m12.9m14.9m13.6m11.9m

Cost of goods sold

13.2m13.6m12.9m10.5m10.9m10.2m9.6m

Gross profit

3.6m5.3m4.5m2.4m4.0m3.5m2.3m

Gross profit Margin, %

21%28%26%19%27%25%19%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

177.4k537.3k140.8k

Accounts Receivable

12.8m10.3m7.6m

Inventories

17.5m18.1m17.1m

Current Assets

31.0m29.4m25.3m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

418.1k310.7k1.1m693.7k4.3m998.7k452.0k

Accounts Receivable

9.9m11.7m10.0m6.8m7.8m6.8m6.3m

Prepaid Expenses

369.3k

Inventories

19.5m20.2m18.8m17.2m17.0m17.1m17.4m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

1.1m(5.7m)(6.1m)

Depreciation and Amortization

1.8m1.7m1.4m

Inventories

(693.3k)(620.9k)995.9k

Accounts Payable

622.4k2.3m(3.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(3.3m)(3.9m)(5.0m)(2.6m)(4.3m)(5.7m)(2.1m)

Depreciation and Amortization

443.4k874.3k1.3m393.0k775.3k1.1m324.3k

Inventories

(2.0m)(2.8m)(1.3m)915.5k1.1m966.2k(280.4k)

Accounts Payable

1.7m5.1m2.7m(1.1m)(820.8k)(2.5m)1.3m
USDFY, 2018

EV/EBIT

26.3 x

EV/CFO

14.3 x

Revenue/Employee

233.6k

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.6 x

P/E Ratio

33.9
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Optical Cable Corporation Operating Metrics

FY, 2018FY, 2019FY, 2020

Countries

505050
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Optical Cable Corporation Acquisitions / Subsidiaries

Company NameDateDeal Size
Applied Optical Systems, Inc.
Centric Solutions LLC

Optical Cable Corporation Revenue Breakdown

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Optical Cable Corporation revenue breakdown by geographic segment: 19.2% from Outside the United States and 80.8% from United States

Optical Cable Corporation Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Optical Cable Corporation Online and Social Media Presence

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Optical Cable Corporation Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    A+

    78/100

  • Compensation

    C

    65/100

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Optical Cable Corporation News and Updates

Optical Cable Corporation Reports Second Quarter 2021 Financial Results

ROANOKE, Va., June 14, 2021 /PRNewswire/ -- Optical Cable Corporation (Nasdaq GM: OCC) ("OCC®" or the "Company") today announced financial results for its second quarter ended April 30, 2021. Second Quarter 2021 Financial Results Consolidated net sales for the second quarter of fiscal...

Optical Cable Corporation Schedules Conference Call To Discuss Second Quarter Of Fiscal Year 2019 Results

ROANOKE, Va., June 7, 2019 /PRNewswire/ -- Optical Cable Corporation (Nasdaq GM: OCC) ("OCC®") today announced that it will release its second quarter of fiscal year 2019 results on Tuesday, June 11, 2019. The second quarter results are for the three-month and six-month periods ended...

Optical Cable Corporation Schedules Conference Call To Discuss First Quarter Of Fiscal Year 2019 Results

ROANOKE, Va., March 8, 2019 /PRNewswire/ -- Optical Cable Corporation (Nasdaq GM: OCC) ("OCC®") today announced that it will release its first quarter of fiscal year 2019 results on Tuesday, March 12, 2019. The first quarter results are for the three-month period ended January 31, 2019....

Optical Cable Corporation Schedules Conference Call To Discuss Fourth Quarter And Fiscal Year 2018 Results

ROANOKE, Va., Dec. 17, 2018 /PRNewswire/ -- Optical Cable Corporation (Nasdaq GM: OCC) ("OCC®") today announced that it will release its fourth quarter and fiscal year 2018 results on Wednesday, December 19, 2018. The fourth quarter and full year results are for the three-month and...

Optical Cable Corporation Reports Third Quarter 2018 Financial Results

ROANOKE, Va., Sept. 11, 2018 /PRNewswire/ -- Optical Cable Corporation (Nasdaq GM: OCC) ("OCC®" or the "Company") today announced financial results for its third quarter ended July 31, 2018. Third Quarter 2018 Financial Results Consolidated net sales for the third quarter of fiscal year...

Optical Cable Corporation Schedules Conference Call To Discuss Third Quarter Of Fiscal Year 2018 Results

ROANOKE, Va., Sept. 7, 2018 /PRNewswire/ -- Optical Cable Corporation (Nasdaq GM: OCC) ("OCC®") today announced that it will release its third quarter of fiscal year 2018 results on Tuesday, September 11, 2018. The third quarter results are for the three-month and nine-month periods ended ...
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Optical Cable Corporation Blogs

OCC: Ready for Action

OCC understands innovation.  We continue to expand our solution offerings across all the industries we serve.  We provide products that exceed performance standards and while affording cost savings for our customers. We understand the specific needs our customers have in: media and entertainment, he…

OCC: Supporting Your Business Today and Everyday

OCC is closely monitoring the evolving COVID-19 situation and taking necessary precautions to protect our employees’ health and well-being and to preserve our ability to meet our customer’s needs.  As our valued customer, we want you to know we greatly appreciate your business and the trust you plac…

Networks of the Future Shouldn’t Be Using Cables From the Past

The post Networks of the Future Shouldn’t Be Using Cables From the Past appeared first on Optical Cable Corporation.

Optical Cable Corporation Frequently Asked Questions

  • When was Optical Cable Corporation founded?

    Optical Cable Corporation was founded in 1983.

  • Who are Optical Cable Corporation key executives?

    Optical Cable Corporation's key executives are Neil D. Wilkin, Tracy G. Smith and Pranav Singh.

  • How many employees does Optical Cable Corporation have?

    Optical Cable Corporation has 317 employees.

  • What is Optical Cable Corporation revenue?

    Latest Optical Cable Corporation annual revenue is $55.3 m.

  • What is Optical Cable Corporation revenue per employee?

    Latest Optical Cable Corporation revenue per employee is $174.4 k.

  • Who are Optical Cable Corporation competitors?

    Competitors of Optical Cable Corporation include Superior Essex, ITT Cannon and KME.

  • Where is Optical Cable Corporation headquarters?

    Optical Cable Corporation headquarters is located at 5290 Concourse Drive South, Hollins.

  • Where are Optical Cable Corporation offices?

    Optical Cable Corporation has offices in Hollins, Plano and Swannanoa.

  • How many offices does Optical Cable Corporation have?

    Optical Cable Corporation has 3 offices.