Optical Cable Corporation (OCCF) Reports 270% Increase in Net Income for the Second Quarter
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Optical Cable Corporation (OCCF), a manufacturer of fiber optic cables for military and civilian clients worldwide, reported second quarter results after yesterday's close. Revenues increased 21.2% year-over-year to $13.5 million. Net income rose to $878,000, or 15 cents per share, vs. $237,000 for the same period last year, an increase of 270%.
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