Start here if you're new
what it is
It makes fiber optic and copper cabling, connectors, and hardware for offices, data centers, and harsh sites.
how it gets paid
Last year Optical Cable made $73M in revenue.
why it's growing
Revenue grew 268.3% last year. Sales rose 4% vs. prior year to $16M.
what just happened
$16M of revenue and a $0.18 loss per share.
At a glance
C++ balance sheet — some cracks in the foundation
15/100 earnings predictability — expect surprises
7.4% return on capital — nothing to write home about
-$0.18 fy2025 eps est
$73M fy2025 rev est
xvary composite: 31/100 — weak
What they do
It makes fiber optic and copper cabling, connectors, and hardware for offices, data centers, and harsh sites.
OCC sells a system, not one cable. The line runs from patch cords to wireless distributed antenna systems, so your one job can turn into five product orders. That breadth matters at a company with 348 employees and only $2M of long-term debt.
How they make money
$73M
annual revenue · their business grew +268.3% last year
total revenue
$73M
+268.3%
The products that matter
enterprise cabling sales
Enterprise & Specialty Markets
$16.4M quarter revenue · +4.4%
this line brought in $16.4M last quarter, up 4.4% from a year ago. good growth, but not enough to push the company into profit.
current read-through
broader data communication mix
Other Data Communication
$56.6M annual revenue · 77.5% of sales
this is $56.6M of the $73M revenue base. if demand slips here, the company feels it fast because the business is not diversified by scale.
main revenue base
connectors and cable assemblies
Connectivity Solutions
32.7% gross margin
the mix produced a 32.7% gross margin last quarter. that is enough to cover manufacturing cost, not enough to hide weak operating leverage.
margin test
Key numbers
$73M
annual revenue
That is the whole machine. A $73M business lives and dies on a few orders.
0.5%
operating margin
You get almost no cushion. One bad pricing decision can erase profit.
$2M
long debt
Debt is tiny at $2M, or 2% of capital, so the balance sheet is not the main threat.
7.4%
return on capital
Each dollar invested earned 7.4% in operating profit terms, which is modest but positive.
Financial health
C++
strength
- balance sheet grade C++ — below average — limited financial resources
- risk rank 5 — safer than 5% of stocks
- price stability 5 / 100
- long-term debt $2M (2% of capital)
C++ — below average. watch for debt servicing and cash burn.
Total return vs. market
Return history isn't available for OCC right now.
source: institutional data · return history unavailable
What just happened
missed estimates
$16M of revenue and a $0.18 loss per share.
Sales rose 4% vs. prior year to $16M. Gross margin held at 32.7%, but the quarter still lost money.
$16M
revenue
-$0.18
eps
32.7%
gross margin
the number that mattered
32.7% mattered most. It shows OCC kept pricing power even with a $0.18 loss per share.
source: company earnings report, 2026
Get this snapshot in your inbox
This page, delivered free — plus weekly updates when the numbers change. plain english, no spam.
weekly updates
earnings alerts
plain english
no spam
What could go wrong
the #1 risk is subscale cable manufacturing without enough operating leverage.
med
Scale gap vs. larger rivals
You own a $65M company competing in cable and connectivity markets against larger peers like Corning and Belden. When scale sets price, the small player usually absorbs the pain first.
This risk sits under all $73M of the revenue base, not one niche product line.
med
Profit still does not clear the bar
Last quarter sales grew 4.4% and gross profit rose to $5.4M. Shareholders still got a $398K net loss. That tells you the business lacks room for error.
If revenue holds near $16.4M a quarter and costs stay elevated, losses can persist even with modest growth.
med
Lumpy demand hurts a small base fast
With only $73M in annual revenue, one delayed project or lost account matters more here than it would at a larger manufacturer. Small-cap operating models do not get many free misses.
The $56.6M "Other Data Communication" bucket carries most of the business, so weakness there would hit the whole story.
med
The stock trades like a thin small cap
A 52-week range of $2–$12 and a 5/100 price-stability score tell you sentiment can move the stock harder than fundamentals in the short run.
That does not change the business. It does change how patient you need to be if you own it.
A 32.7% gross margin on $16.4M of quarterly sales still produced a $398K loss. Until that math flips, the risk case is not theoretical.
source: institutional data · regulatory filings · risk analysis
Pay attention to
metric
breakeven, not just growth
If quarterly sales move above the recent $16.4M level and net income is still negative, you learned something ugly about the cost structure.
calendar
Q2 FY2026 results
Expected late May 2026. You want to see whether the 4.4% sales gain was a start or just a decent quarter that still went nowhere.
trend
gross margin holding above 32.7%
Margin was good enough to show manufacturing discipline. It was not good enough to cover the full cost stack. You need both margin and volume working together.
risk
data center talk turning into orders
Management pointed to data center opportunities. If that theme is real, it should show up in stronger sales than the current 4.4% pace, not just on the call transcript.
Analyst rankings
earnings predictability
15 / 100
In human-speak: the numbers can change fast, so a clean quarter does not equal a clean trend.
risk rank
5
That puts it safer than 5% of stocks. Translation: the market sees plenty that can go wrong.
price stability
5 / 100
Low stability means the stock can punish weak hands before the business proves anything.
source: institutional data
Institutional activity
institutional ownership data for OCC is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$6
current price
n/a
target midpoint · n/a from current
Want the deeper analysis?
The full deep dive: dcf model, scenario analysis, competitive moat breakdown, and quarterly tracking — everything on this page, taken further.
see plans from $5/moThe deep dive