Clearfield

Clearfield, Inc. engages in the design, manufacture, and distribution of fiber protection. It operates through the Clearfield and Nestor Cable segment. The Clearfield segment involves the design, manufacture, and selling of fiber management, protection, and delivery solutions. The Nestor Cables segment includes designs, manufacture, and selling fiber management, protection, and delivery solutions. The company was founded in 1979 and is headquartered in Brooklyn Park, MN.

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Clearfield reports robust Q1 performance and ambitious growth plans

Clearfield's Q1 performance reflects strong financial results, with a focus on growth in core markets and effective cost management strategies.
The company's ambitious growth plans, strategic initiatives, and commitment to innovation position it well for future success in the fiber broadband industry.
While facing challenges related to supply chain management and gross margins, Clearfield's proactive approach to addressing these issues underscores its resilience and determination.

Clearfield faces revenue challenges but sees growth opportunities ahead

Clearfield's Q2 performance reflects revenue challenges but also highlights growth potential and strategic focus on innovation and market share.
While facing competition and gross margin challenges, the company's strong balance sheet and strategic initiatives offer opportunities for future growth.
Management's optimism, commitment to industry expansion, and focus on new products position Clearfield for long-term success despite current challenges.
Investments in capacity, innovation, and relationships underscore Clearfield's resilience and potential to navigate market dynamics and drive growth.

Clearfield reports robust Q3 earnings, invests in future growth

Clearfield's Q3 performance reflects strong sales driven by Nestor Cables, with a focus on operational efficiency and financial stability.
While facing challenges like revenue slowdown and supply constraints, Clearfield is well-positioned to capitalize on market opportunities.
The company's strategic investments in product development and infrastructure underscore its commitment to long-term growth and competitiveness.
Clearfield's ability to adapt to industry dynamics and meet end-user demand for fiber broadband services highlights its resilience and market potential.

Clearfield faces challenges in Q4 2023 but eyes growth opportunities

Clearfield's Q4 performance showed mixed results with challenges expected in the first half of fiscal 2024. Despite declining gross margins, the company introduced new products and increased share buyback authorization. Opportunities lie in the BEAD program and the company's strategic focus on fulfilling rural market needs.

Clearfield reports Q1 net sales of $34.2M, anticipates industry growth

Clearfield's Q1 performance reflected strong net sales driven by regional service providers, offset by a decline in gross profit margin and a net loss of $5.3 million.
The company's strategic focus on expanding its product portfolio and capitalizing on industry growth opportunities aligns with its strong balance sheet and long-term vision.
While facing challenges in profitability and lower demand, Clearfield remains optimistic about the broadband industry's long-term prospects and aims to enhance shareholder value.
Guidance for the second quarter indicates a continued focus on cost management and growth initiatives to navigate market challenges and drive future profitability.

Clearfield reports Q2 net sales growth amidst profit margin challenges

Clearfield navigated a transition year with Q2 net sales driven by Community Broadband customers and product innovation efforts.
Despite challenges such as decreased net sales and lower profit margins, the company remains focused on growth opportunities in the fiber deployment market.
Anticipated Q3 net sales of $40-44 million and increased share buyback authorization signal Clearfield's strategic approach to financial performance and shareholder value.

Clearfield (CLFD) exceeds Q3 sales target, eyes growth opportunities

Clearfield (CLFD) delivered strong sales performance in Q3 2024, with improvements in gross profit margin and cost management, despite a net loss driven by investment in future growth.
The company's focus on diversification into adjacent markets and the expected revenue from BEAD compliant products signal a promising outlook for Clearfield's future growth potential.
While challenges in profitability persist, Clearfield's solid financial position and strategic initiatives position it well to navigate market dynamics and capitalize on emerging opportunities.

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MINNEAPOLIS, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced that its fourth quarter ended September 30, 2024, results will be released on Thursday, November 7, 2024, after the close of the market. The company will host a conference call at 5:00 p.m. Eastern time (4:00 p.m. Central time) to discuss its financial results with the investment community.

Clearfield Sets Fiscal Fourth Quarter 2024 Earnings Call for Thursday, November 7, 2024

MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Clearfield, Inc. (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced a strategic leadership transition, appointing Anis Khemakhem as Chief Marketing Officer (CMO) effective January 1, 2025. Khemakhem, who joined Clearfield earlier this year as Vice President of Global Technology Platforms, brings with him over 25 years of industry experience, with diverse leadership skills. Khemakhem will drive the company's marketing strategy, spea.

Clearfield Appoints Anis Khemakhem as CMO; Kevin Morgan Takes on New Role as Executive Advisor to the CEO

Clearfield, Inc. (NASDAQ:CLFD ) Q3 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Greg McNiff - Investor Relations Cheri Beranek - President, Chief Executive Officer Dan Herzog - Chief Financial Officer Conference Call Participants Ryan Koontz - Needham & Company Jaeson Schmidt - Lake Street Capital Scott Searle - ROTH Capital Partners Operator Good afternoon, and welcome to the Clearfield Fiscal Third Quarter 2024 Conference Call. All participants are in a listen-only mode.

Clearfield, Inc. (CLFD) Q3 2024 Earnings Call Transcript

Clearfield (CLFD) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to earnings of $0.33 per share a year ago.

Clearfield (CLFD) Reports Q3 Loss, Tops Revenue Estimates

MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced the Fiber Broadband Association (FBA) awarded Cheri Beranek, President and Chief Executive Officer of Clearfield, its Women Changing Fiber for Good AMPLIFY Award at an Awards Luncheon that recognized leaders across a variety of categories and disciplines. This award recognizes women who are making changes that will impact and improve the fiber broadband industry f.

Fiber Broadband Association Recognizes Clearfield CEO Cheri Beranek's Contributions to Industry

MINNEAPOLIS--(BUSINESS WIRE)-- #3D--Clearfield, Inc. (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced the availability of the CraftSmart® Deploy Reel Test Access Point (TAP) Box and Home Deployment Kit (HDK), extending Clearfield's field-proven fiber management expertise and leading-edge fiber connectivity performance all the way into the home. The HDK option offers the Deploy Reel TAP kitted with the home equipment cable and angled wall faceplate for the final con.

Clearfield Enables Network Operators to Reel in Time Savings with the CraftSmart® Deploy Reel TAP Box

MINNEAPOLIS--(BUSINESS WIRE)-- #BABA--Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, is highlighting its BABA-compliant fiber products at Fiber Connect 2024, being held July 28-31, at the Gaylord Opryland Resort in Nashville, Tenn. The company will discuss its Build America, Buy America (BABA) Act compliant products and philosophies at the event, as well as provide reference information on its website for service providers to use in meeting federal funding requir.

Clearfield Showcases BABA-Compliant FTTH Connectivity Solutions at Fiber Connect 2024

MINNEAPOLIS, July 18, 2024 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced that its third quarter ended June 30, 2024, results will be released on Thursday, August 1, 2024, after the close of the market. The company will host a conference call at 5:00 p.m. Eastern time (4:00 p.m. Central time) to discuss its financial results with the investment community.

Clearfield Sets Fiscal Third Quarter 2024 Earnings Call for Thursday, August 1, 2024

MINNEAPOLIS--(BUSINESS WIRE)-- #Award--Clearfield (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced that Kevin Morgan, Chief Marketing Officer of Clearfield, Inc., has been named a Notable Chief Marketing Officer for 2024 by Twin Cities Business. This award goes to those who have proven themselves and the brands they represent worthy of recognition. To qualify for this list, individuals must have shown an ability to effect change in their industry; Morgan has played an.

Clearfield's Kevin Morgan Named as One of Twin Cities Business Notable Chief Marketing Officers for 2024

Here is how Clearfield (CLFD) and Nutanix (NTNX) have performed compared to their sector so far this year.

Is Clearfield (CLFD) Stock Outpacing Its Computer and Technology Peers This Year?

Clearfield, Inc. (NASDAQ:CLFD ) Q2 2024 Results Conference Call May 2, 2024 5:00 PM ET Company Participants Greg McNiff - IR Cheri Beranek - President, CEO Dan Herzog - CFO Conference Call Participants Ryan Koontz - Needham & Company Scott Searle - ROTH Capital Partners Jaeson Schmidt - Lake Street Capital Operator Ladies and gentlemen, greetings, and welcome to the Clearfield Fiscal Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Clearfield, Inc. (CLFD) Q2 2024 Earnings Call Transcript

Clearfield (CLFD) came out with a quarterly loss of $0.40 per share versus the Zacks Consensus Estimate of a loss of $0.53. This compares to earnings of $0.67 per share a year ago.

Clearfield (CLFD) Reports Q2 Loss, Tops Revenue Estimates

MINNEAPOLIS, May 02, 2024 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), a leader in fiber connectivity, reported results for the fiscal second quarter 2024.

Clearfield Reports Second Quarter 2024 Results

MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, will participate in a fireside chat at the Needham Technology, Media, & Consumer Conference on May 14, 2024. The conference will be held at the Westin Grand Central Hotel in New York City. Clearfield's President and Chief Executive Officer, Cheri Beranek, and Chief Financial Officer, Dan Herzog, are scheduled to present on Tuesday, May 14, at 9:30 a.m. Eastern time. A live we.

Clearfield to Present at the Needham Technology, Media, & Consumer Conference

MINNEAPOLIS, April 19, 2024 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced that its second quarter ended March 31, 2024, results will be released on Thursday, May 2, 2024, after the close of the market. The company will host a conference call at 5:00 p.m. Eastern time (4:00 p.m. Central time) to discuss its financial results with the investment community.

Clearfield Sets Fiscal Second Quarter 2024 Earnings Call for Thursday, May 2, 2024

Clearfield (CLFD) introduced an advanced 3D interactive instruction tool to streamline the fiber installation process and improve its workforce development practices.

Clearfield (CLFD) Unveils Advanced Tool for Fiber Installations

MINNEAPOLIS--(BUSINESS WIRE)-- #3D--Clearfield, Inc. (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced the availability of 3D interactive instructions for Clearfield® products delivered via the BILT® mobile app that provides installers an easy way to streamline the installation process available at no extra charge. The animated guides were developed in response to the Clearfield customer base, and will help reduce installation errors, time, and field issues by ensur.

Clearfield Develops Industry's First 3D Interactive Fiber Installation Tool

The FiberFlex 600 from Clearfield (CLFD) is engineered to adapt seamlessly to various scenarios, from remote OLTs with PON distribution to wireless base stations with fiber backhaul aggregation.

Clearfield (CLFD) Redefines Fiber Deployment Flexibility

MINNEAPOLIS--(BUSINESS WIRE)-- #ActiveCabinet--Clearfield (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced the FieldSmart® FiberFlex 600. The small form factor of the FiberFlex 600 is designed to configure for numerous applications, including remote OLTs with PON distribution, wireless base stations with fiber backhaul aggregation, and active network equipment with backup power needs, utilizing a flexible layout. This is Clearfield's latest and smallest size option in the Fib.

Clearfield FiberFlex 600 Delivers a Right-Sized, Small Footprint Active Cabinet Option for Rural Expansion

Sales have plummeted after three very strong years and are expected to start recovering in H2 2024. Profit margins are highly pressured, and Clearfield is not currently profitable.

Clearfield: The Mid-Term Outlook Looks Promising, But Risks Are Significant

Clearfield, Inc. (CLFD) Q1 2024 Earnings Call Transcript

Clearfield (CLFD) came out with a quarterly loss of $0.35 per share versus the Zacks Consensus Estimate of a loss of $0.40. This compares to earnings of $1 per share a year ago.

Clearfield (CLFD) Reports Q1 Loss, Tops Revenue Estimates

MINNEAPOLIS, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), a leader in fiber connectivity, reported results for the fiscal first quarter 2024, ended December 31, 2023.

Clearfield Reports Fiscal First Quarter 2024 Results

MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Clearfield (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced the availability of the CraftSmart® Fiber Protection Vault, an innovative, new design that eliminates the current supply chain constraints and delivers a 300% improvement in shipping and inventory space. The innovative design, crafted by Clearfield's internal design team, allows the vaults to be shipped unassembled and flat packed, which enables shipping multiple vaults.

Clearfield® Streamlines its Supply Chain with CraftSmart® Fiber Protection Vault for Underground Deployments

MINNEAPOLIS, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced that its first quarter ended December 31, 2023 results will be released on Thursday, February 1, 2024, after the close of the market. The company will host a conference call at 5:00 p.m. Eastern time (4:00 p.m. Central time) to discuss its financial results with the investment community.

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