Revenue Update on Optical Cable Corporation(NASDAQ:OCC)

Optical Cable Corporation(NASDAQ:OCC) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jun 7, 2016. Earnings per share were $-0.15.

Optical Cable Corporation (OCC) remained unchanged at the close of Friday session. Even as the volume increased to 3,176 ,the shares failed to make any impression and ended at 0 points or 0.00% at $2.3. The trading session commenced at $2.49 and the stock hit a high of $2.49 and touched $2.25 at the lower end. Considering that the stock pared all of the losses, it can be said as a positive sign. The share price has a 52-week high of $4.04 and the 52-week low is $2.1. The company has a market cap of $16 M and has approximately 70,94,072 outstanding shares.

Several Insider Transactions has been reported to the SEC. On Apr 7, 2016, John A Jr Nygren (director) purchased 10,688 shares at $2.51 per share price.Also, On Mar 17, 2016, Neil D Jr Wilkin (CEO) purchased 510 shares at $2.22 per share price.

Optical Cable Corporation (OCC) is a manufacturer of a range of fiber optic and copper data communications cabling and connectivity solutions for the enterprise market offering a range of warranted products which operate as a system solution or seamlessly integrate with other providers’ offerings. OCC’s product offerings include designs for uses ranging from commercial enterprise network datacenter residential and campus installations to customized products for specialty applications and harsh environments including military industrial mining and broadcast applications. OCC products include fiber optic and copper cabling fiber optic and copper connectors specialty fiber optic and copper connectors fiber optic and copper patch cords racks cabinets datacom enclosures patch panels face plates multi-media boxes and other cable and connectivity management accessories.

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