Optical Cable Corporation reported earnings results for the second quarter and six months ended April 30, 2023. For the second quarter, the company reported sales was USD 19.62 million compared to USD 17.2 million a year ago. Net income was USD 2.42 million compared to net loss of USD 0.228 million a year ago. Basic earnings per share from continuing operations was USD 0.31 compared to basic loss per share from continuing operations of USD 0.03 a year ago.
For the six months, sales was USD 37.9 million compared to USD 31.64 million a year ago. Net income was USD 3.23 million compared to net loss of USD 1.16 million a year ago. Basic earnings per share from continuing operations was USD 0.41 compared to basic loss per share from continuing operations of USD 0.16 a year ago.