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Alluxa - Optical Coatings LB 8/23

Increased Demand Fuels Gains at Optical Cable

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ROANOKE, Va., June 13--Optical Cable Corp. reported sales for the second quarter of fiscal 2000 of $13.0 million a 5 percent increase from the same 1999 period. Net income increased 37 percent to $2.7 million, or $0.071 per diluted share, compared to net income of $1.96 million, or $0.052 per diluted share, in the 1999 period. The pace of fiber deployment is clearly accelerating, said Robert Kopstein, president and CEO of the company, especially for close-in fiber deployments which is Optical Cable's area of expertise. Businesses are hungry for the next generation of...Read full article

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    Published: June 2000
    News & Features

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