Optical Cable (OCC) - 2024 Q4 - Annual Results
Optical Cable (OCC)2024-12-26 13:00
Exhibit 99.1 Aaron Palash Spencer Hoffman (212) 355-4449 ext. 8603 (212) 355-4449 ext. 8928 occ-jfwbk@joelefrank.com occ-jfwbk@joelefrank.com AT THE COMPANY: FOR IMMEDIATE RELEASE Net Sales Increases 12.4% and Gross Profit Increases 68.6% in Fourth Quarter 2024 Fourth Quarter 2024 Financial Results Gross profit increased 68.6% to $6.5 million in the fourth quarter of fiscal year 2024, compared to $3.9 million for the same period in fiscal year 2023, as a result of production efficiencies created by increase ...