Optical Cable Corporation reported earnings results for the third quarter and nine months ended July 31, 2022. For the third quarter, the company reported sales was USD 17.38 million compared to USD 15.64 million a year ago. Net loss was USD 0.372 million compared to net income of USD 5.37 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to basic earnings per share from continuing operations of USD 0.71 a year ago.
For the nine months, sales was USD 49.02 million compared to USD 43.25 million a year ago. Net loss was USD 1.54 million compared to net income of USD 6.62 million a year ago. Basic loss per share from continuing operations was USD 0.2 compared to basic earnings per share from continuing operations of USD 0.88 a year ago.