Increased Demand Fuels Gains at Optical Cable
Jun 13, 2000 — 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...