Core Viewpoint - Optical Cable Corporation (OCC) reported significant year-over-year growth in net sales and gross profit for the third quarter and first nine months of fiscal year 2025, indicating strong market demand and operational efficiency [1][16]. Financial Performance - Consolidated net sales for Q3 FY2025 increased by 22.8% to $19.9 million, up from $16.2 million in Q3 FY2024 [2]. - Net sales in the U.S. rose by 22.0%, while international sales increased by 26.2% in Q3 FY2025 compared to the same period last year [3]. - Sequentially, net sales grew by 13.5% from $17.5 million in Q2 FY2025 [3]. - For the first nine months of FY2025, net sales increased by 12.8% to $53.2 million, compared to $47.2 million in the same period of FY2024 [9]. Gross Profit and Margins - Gross profit for Q3 FY2025 rose by 61.2% to $6.3 million, compared to $3.9 million in Q3 FY2024, benefiting from production efficiencies [5]. - The gross profit margin increased to 31.7% in Q3 FY2025, up from 24.2% in Q3 FY2024 [6]. Operating Expenses - SG&A expenses increased by 9.5% to $5.7 million in Q3 FY2025, primarily due to higher employee and shipping costs [7]. - For the first nine months of FY2025, SG&A expenses rose by 8.2% to $16.9 million compared to $15.7 million in the same period of FY2024 [12]. Net Income - OCC recorded a net income of $302,000, or $0.04 per share, in Q3 FY2025, a significant improvement from a net loss of $1.6 million, or $0.20 per share, in Q3 FY2024 [8]. - For the first nine months of FY2025, OCC reported a net loss of $1.5 million, or $0.19 per share, compared to a net loss of $4.6 million, or $0.59 per share, in the same period of FY2024 [13]. Strategic Initiatives - OCC announced a strategic collaboration with Lightera, LLC to expand product offerings in the enterprise and data center sectors, with Lightera acquiring a 7.24% stake in OCC [14][15]. Management Commentary - The CEO of OCC highlighted the strong performance in Q3 FY2025, attributing growth to increased demand and operational leverage, and expressed confidence in future growth opportunities through the collaboration with Lightera [16].