Optical Cable Corporation (OCC) 2020年年度报告「NASDAQ」.pdf

1、2020ANNUALREPORTKEEPING YOU CONNECTED.TMOCC.STRONG.INNOVATIVE.COMMUNICATION SOLUTIONS.OCCs current product offering is cutting edge and ranks among the industrys most comprehensive suite to meet the full host of customer needs.We do things our competitors are unwilling to do or are unable to do.And,

2、we are faster!With our robust quick ship program,we are there to solve your problems quickly.UNRIVALED INTEGRATED SOLUTIONS.As an industry leader,OCC delivers innovative solutions and products designed to be smarter than the most challenging situations and tougher than the harshest environments.Our

3、customers count on us to ensure the highest transmission performance and for products tested beyond industry standards.Thats why top corporations,universities,hospitals,broadcasters,data centers,industrial facilities,wireless carriers,and military operations worldwide choose OCC.TABLE OF CONTENTS 3

4、Letter from the CEO 6 Managements Discussion and Analysis of Financial Condition and Results of Operations 23 Consolidated Financial Statements 27 Notes to Consolidated Financial Statements 45 Report of Independent Registered Public Accounting Firm 46 Corporate Information Optical Cable Corporation(

5、OCC)1 Page intentionally left blank.2Optical Cable Corporation(OCC)Letter from the CEO Dear Shareholders of Optical Cable Corporation(OCC):Faced with significant headwinds in 2020,the OCC team demonstrated strength and resiliency,focusing on what we could control to drive cost reductions,efficiency

6、improvements and enhanced production throughput,particularly at our Roanoke production facility.While this past year was challenging,the actions we took to mitigate the impact of COVID-19,strengthen our financial position,serve customers and protect the business have OCC positioned to grow and build