Every material Form 8-K OPTICAL CABLE CORP has filed with the SEC since May 06, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Optical Cable Corporation reported third quarter fiscal 2026 results for the period ended July 31, 2026, with net sales up 22.0% to $24.3 million and net income of $1.9 million, or $0.21 per share, versus $302,000 a year earlier. Gross profit rose 43.9% to $9.1 million, and the company reported a sales order backlog of $13.5 million. The filing contains no guidance; management declined to give forward guidance on sales or margins during the earnings call.
Q3 net sales $24.3 million, up 22.0% from $19.9 million; gross margin 37.4% vs. 31.7%
Q3 net income $1.9 million, or $0.21 per share, vs. $302,000, or $0.04 per share, a year earlier
Nine-month net income $2.5 million, or $0.28 per share, vs. a net loss of $1.5 million, or $0.19 per share, in the prior-year period
Sales order backlog $13.5 million at July 31, 2026, up from $13.3 million at April 30, 2026
Optical Cable Corporation reported second quarter fiscal 2026 results for the period ended April 30, 2026, with net sales up 26.6% year over year to $22.2 million and net income of $1.1 million, or $0.12 per share, compared with a net loss of $698,000 a year earlier. The company also said its sales order backlog rose to $13.3 million, which may support future revenue for shareholders, though the filing gives no financial guidance.
Net sales rose 26.6% to $22.2 million from $17.5 million a year earlier; gross profit rose 42.4% to $7.6 million.
Net income was $1.1 million, or $0.12 per basic and diluted share, versus a net loss of $698,000, or $0.09 per share, in the prior-year quarter.
Sales order backlog and forward load increased to $13.3 million at April 30, 2026, up from $10.4 million on January 31, 2026.
Results were discussed on a conference call held June 8, 2026, and the filing does not include updated financial guidance.
Optical Cable Corporation entered a $2,650,000 business loan with Freedom First Federal Credit Union on April 30, 2026, and used it to pay off its existing Virginia real estate loan with Northeast Bank. The new loan matures May 1, 2036, is secured by a deed of trust on real property in Roanoke County, Virginia, and carries a 6.5% fixed rate for the first five years. The filing does not state how the company will use the proceeds beyond the payoff, so shareholders will mainly see a change in the terms and lender of the company's debt.
Principal of $2,650,000.00 under a promissory note dated April 30, 2026, maturing May 1, 2036
Fixed 6.5% rate for years 1 to 5, with monthly payments of $19,912.69 beginning June 1, 2026
After the fixed period, the rate moves to a U.S. Treasury index plus 2.5 percentage points, with a floor of 4.5%
Northeast Bank Virginia Real Estate Loan, maturing May 5, 2026, paid in full at closing
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
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