Optical Cable Q1 sales rise on enterprise and specialty‑market strength
Overview
Fiber optic cable maker's fiscal Q1 net sales rose 4.4% yr/yr
Gross profit for fiscal Q1 increased 16.1% yr/yr
Company recorded net loss of $0.05 per share, improved from last year
Outlook
Company sees growing momentum in targeted markets, including data center market
Company expects to build on current momentum during fiscal year 2026
Result Drivers
INCREASED DEMAND - Co experienced increased demand in enterprise and specialty markets, contributing to sales growth
MANUFACTURING LEVERAGE - Improved manufacturing operating leverage positively impacted gross profit
BACKLOG GROWTH - Sales order backlog increased over 50%, indicating strong future demand
Company press release: ID:nPn7PzKtGa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Sales |
| $16.43 mln |
|
Q1 EPS |
| -$0.05 |
|
Q1 Net Income |
| -$398,000 |
|
Q1 Gross Profit |
| $5.37 mln |
|
Q1 Income From Operations |
| -$208,000 |
|
Q1 Pretax Profit |
| -$419,000 |
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
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