Optical Cable Third Quarter 2024 Earnings: US$0.20 loss per share (vs US$0.013 profit in 3Q 2023)

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Optical Cable (NASDAQ:OCC) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$16.2m (down 4.2% from 3Q 2023).
  • Net loss: US$1.56m (down from US$100.8k profit in 3Q 2023).
  • US$0.20 loss per share (down from US$0.013 profit in 3Q 2023).
earnings-and-revenue-history
NasdaqGM:OCC Earnings and Revenue History September 16th 2024

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

Optical Cable shares are up 2.5% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Optical Cable that you should be aware of.

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Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

About NasdaqGM:OCC

Optical Cable

Manufactures and sells fiber optic and copper data communications cabling and connectivity solutions primarily for the enterprise market in the United States and internationally.

Adequate balance sheet with low risk.

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