Optical Cable (OCC) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Tue, March 10, 2026 astatine 10:59 AM CDT 16 min read

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Tuesday, March 10, 2026 astatine 11 a.m. ET

• President and Chief Executive Officer — Neil Wilkin

• Senior Vice President and Chief Financial Officer — Tracy Smith

• Director of Investor Relations — Caroline Felix

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Caroline Felix: By this time, everyone should person a transcript of the net property merchandise issued earlier today. You tin besides sojourn www.occfiber.com for a copy. On the telephone with america contiguous are Neil Wilkin, President and Chief Executive Officer of Optical Cable Corporation, and Tracy Smith, Senior Vice President and Chief Financial Officer. Before we begin, I would similar to punctual everyone that this telephone whitethorn incorporate forward-looking statements that impact risks and uncertainties. The existent aboriginal results of Optical Cable Corporation whitethorn disagree materially owed to a fig of factors and risks, including, but not constricted to, those factors referenced successful the forward-looking statements conception of this morning’s property release.

These cautionary statements use to the contents of the net webcast astatine www.occfiber.com arsenic good arsenic today’s call. With that, I volition crook the telephone implicit to Neil Wilkin. Neil, delight begin.

Neil Wilkin: Thank you, Caroline, and bully morning, everyone. I volition statesman the telephone contiguous with a fewer opening remarks. Tracy volition past reappraisal the archetypal 4th results for the three-month play ended January 31, 2026, successful further detail. After Tracy’s remarks, we volition reply arsenic galore questions arsenic we can. As is our mean practice, we volition lone instrumentality questions from analysts and organization investors during the Q&A session. However, we besides connection different shareholders the accidental to taxable questions successful beforehand of our net call. Instructions regarding specified submissions are included successful our property merchandise announcing the day and clip of our call. Optical Cable Corporation is disconnected to a beardown commencement successful fiscal twelvemonth 2026.

During the archetypal quarter, we delivered nett income and gross nett growth, mostly driven by accrued request crossed our endeavor and specialty markets and the affirmative interaction of our operating leverage. During the archetypal 4th of 2026, nett income accrued 4.4% and gross nett accrued 16.1% compared to the aforesaid play past fiscal year, and gross nett borderline accrued to 32.7%. Additionally, our income bid backlog and guardant load accrued much than 50% to $10,400,000 arsenic of the extremity of the archetypal 4th erstwhile compared to the aforesaid anterior fiscal twelvemonth period, and we expect to proceed to physique connected this momentum.