Optical Cable First Quarter 2024 Earnings: US$0.18 loss per share (vs US$0.10 profit in 1Q 2023)

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Optical Cable (NASDAQ:OCC) First Quarter 2024 Results

Key Financial Results

  • Revenue: US$14.9m (down 19% from 1Q 2023).

  • Net loss: US$1.43m (down by 276% from US$810.0k profit in 1Q 2023).

  • US$0.18 loss per share (down from US$0.10 profit in 1Q 2023).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Optical Cable shares are down 3.5% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Optical Cable.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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