Optical Cable records second-quarter net sales

Optical Cable, a manufacturer of fibre-optic and copper data-communications cabling and connectivity solutions, has reported consolidated net sales of $15.3m (£10.4m) for the second quarter of fiscal year 2010.

Sequentially, consolidated net sales for the quarter increased 1.7 per cent from $15m during the first quarter of fiscal year 2010. 

Net sales were flat when compared with consolidated net sales of $15.3m for the second quarter of last year.

OCC recorded a net loss of $7.5m, or $1.27 per share, compared with net income of $16,000, or earnings of less than $0.01 per share, for the same period last year.