Optical Cable Corporation (Nasdaq GM: OCC) has been added to the Russell Microcap Index, effective immediately following the market close on Friday, June 26, 2026. This inclusion is part of the 2026 Russell Microcap Index's semi-annual reconstitution process. The selection marks a significant milestone for the company as it joins a widely recognized small-cap index.

The Russell Microcap Index tracks the performance of the smallest 1,000 securities in the Russell 3000 Index, plus the next 1,000 securities. Reconstitution occurs annually to ensure the index accurately reflects the current market landscape. Optical Cable's addition underscores its market position and visibility among investors.

The company's stock trades on the Nasdaq Global Market under the ticker symbol OCC. Inclusion in the index may lead to increased trading volume and institutional investment, as many funds track or benchmark against Russell indices.

Optical Cable Corporation returned to profitability in the second quarter of fiscal year 2026, reporting net income of $1.1 million, or 12 cents per share. This result reversed a net loss of $698,000, or 9 cents per share, recorded in the same period last year. The turnaround was driven by a 26.6% year-over-year increase in net sales, which reached $22.2 million, fueled by strength in enterprise data center and Severe Duty markets.

Gross profit increased 42.4% to $7.6 million, with the gross profit margin expanding to 34.2% from 30.4% in the prior year. Management attributed the margin expansion to higher volumes and positive manufacturing operating leverage. While SG&A expenses rose to $6.3 million from $5.7 million, they decreased as a percentage of net sales to 28.2% from 32.7%, indicating improved operating efficiency.

Q2 Financial Performance

Operational Outlook

The sales order backlog reached $13.3 million at the end of the quarter, an increase of more than 27% from $10.4 million as of January 31, 2026, and up more than 82% from $7.3 million as of October 31, 2025. Neil Wilkin, Chairman, President, and CEO, expressed confidence in the company's momentum, citing growth opportunities in multi-tenant and enterprise data center markets. The company is evaluating capacity expansion, including adding manufacturing staff and machine capacity, to support long-term growth despite industry-wide optical fiber shortages.