AT THE COMPANY: Roanoke, Va., March 13, 2024 — Optical Cable Corporation (Nasdaq GM: OCC) ("OCC®" or the "Company") today announced financial results for its first quarter ended January 31, 2024. Neil Wilkin Chairman, President & CEO (540) 265-0690 investorrelations@occfiber.com Tracy Smith Senior Vice President & CFO (540) 265-0690 investorrelations@occfiber.com AT JOELE FRANK, WILKINSON BRIMMER KATCHER: Aaron Palash (212) 355-4449 ext. 8603 occ-jfwbk@joelefrank.com Spencer Hoffman (212) 355-4449 ext. 8928 ...

Financial Facilities and Borrowings - The maximum aggregate principal amount subject to the Revolver is $18.0 million, with interest accruing at a rate of 1.5% above the Prime Rate, not less than 4.75%, and reaching 10.0% as of January 31, 2024 [132] - As of January 31, 2024, the company had $7.5 million of outstanding borrowings on its Revolver and $2.3 million in available credit [134] Capital Expenditures and Funding - The company estimates capital expenditures of $1.0 million for the 2024 fiscal year, to be funded from working capital, cash from operations, or Revolver borrowings [135] - The company believes its future cash flow from operations, cash on hand, and existing credit facilities will be adequate to fund operations for at least the next twelve months [137] Sales Patterns - Net sales are typically 48% in the first half and 52% in the second half of each fiscal year, reflecting customer buying patterns and budgetary cycles [139] Regulatory and Accounting Updates - The company is evaluating the impact of FASB's ASU 2023-07 on segment reporting disclosures, effective for annual periods beginning after December 15, 2023 [143] - The company is also evaluating the impact of FASB's ASU 2023-09 on income tax disclosures, effective for annual periods beginning after December 15, 2024 [144] Internal Controls and Procedures - The company's disclosure controls and procedures were effective as of January 31, 2024, with no material changes in internal control over financial reporting during the last fiscal quarter [148]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-K 5290 Concourse Drive, Roanoke, VA 24019 (Address of principal executive offices) (Zip Code) (540) 265-0690 (Registrant's telephone number, including area code) Commission File Number 0-27022 OPTICAL CABLE CORPORATION (Exact name of the registrant as specified in its charter) Virginia 54-1237042 (State or other jurisdiction of incorporation or organization) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF TH ...

Optical Cable Corporation (NASDAQ:OCC) Q3 2023 Earnings Conference Call September 12, 2023 11:00 AM ET Company Participants Aaron Palash - Partner, Joele Frank Neil Wilkin - Chairman, President and Chief Executive Officer Tracy Smith - Senior Vice President, Chief Financial Officer and Corporate Secretary Conference Call Participants Operator [Operator Instructions] Good morning. My name is Angela, and I will be your conference operator today. At this time, I would like to welcome you to the Optical Cable C ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ______________ Commission file number 0-27022 OPTICAL CABLE CORPORATION (Exact name of registrant as specified in its charter) (State o ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2023 Commission file number 0-27022 OPTICAL CABLE CORPORATION (Exact name of registrant as specified in its charter) OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ______________ Virgini ...

Optical Cable Corporation (NASDAQ:OCC) Q2 2023 Earnings Call Transcript June 12, 2023 10:00 AM ET Company Participants Aaron Palash - Investor Relations Neil Wilkin - President and Chief Executive Officer Tracy Smith - Senior Vice President and Chief Financial Officer Conference Call Participants Operator Good morning. My name is Shelby, and I will be your conference operator today. At this time, I would like to welcome you to the Optical Cable Corporation's Second Quarter of Fiscal Year 2023 Earnings Confe ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ______________ Commission file number 0-27022 OPTICAL CABLE CORPORATION (Exact name of registrant as specified in its charter) Virgi ...

Optical Cable Corporation (NASDAQ:OCC) Q1 2023 Earnings Conference Call March 13, 2023 10:00 AM ET Company Participants Aaron Palash - Investor Relations Neil Wilkin - President and Chief Executive Officer Tracy Smith - Senior Vice President and Chief Financial Officer Conference Call Participants Operator Good morning. My name is [Shelby] [ph], and I will be your conference operator today. At this time, I would like to welcome you to the Optical Cable Corporation First Quarter of Fiscal Year 2023 Earnings ...

Optical Cable Corporation (NASDAQ:OCC) Q4 2022 Earnings Conference Call December 22, 2022 10:00 AM ET Company Participants Aaron Palash - Investor Relations Neil Wilkin - Chairman, President and Chief Executive Officer Tracy Smith - Senior Vice President and Chief Financial Officer Conference Call Participants Michael Jones - WCM Global Wealth Operator Good morning. My name is Chelsea, and I will be your conference operator today. At this time, I would like to welcome you to the Optical Cable Corporation Fo ...