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.

Clearfield reports Q4 resilience, eyes growth in U.S. market

Clearfield's Q4 2024 performance showed resilience with positive cash flow and exceeded guidance, despite a decrease in net sales.
The company's strengths in innovation, market positioning, and transparency provide a solid foundation for future growth and profitability.
While challenges in revenue generation persist, Clearfield's strategic focus on growth opportunities and market improvements sets the stage for fiscal year 2025.

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Clearfield Inc., a US-based telecommunications company, is expanding into Europe following its successful acquisition of Finnish company, Nestor Cable Ltd. The company anticipates growth in sales and business flow due to increasing digitization and the expected growth of the FTTH market in the US. Despite potential risks such as client concentration and increases in manufacturing costs and salaries, Clearfield seems undervalued and is expected to see further growth and expansion.

Clearfield: European Expansion, 5G, And IoT Could Imply Undervaluation

MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Ernst & Young LLP (EY US) today announced that Cheri Beranek, CEO of Clearfield, was named an Entrepreneur Of The Year® 2023 Heartland Award winner. The Entrepreneur Of The Year Awards program is one of the preeminent competitive awards for entrepreneurs and leaders of high-growth companies. Beranek was selected by an independent judging panel made up of previous award winners, leading CEOs, investors and other regional business leaders. The candidates were eva.

EY Announces Clearfield's Cheri Beranek as an Entrepreneur Of The Year® 2023 Heartland Award Winner

Clearfield, Inc. negatively surprised investors with reduced revenue expectations. So, what's next? Clearfield's revenue growth rates have been disappointing, and the company's profitability profile is deteriorating, with lower gross margins projected for the future.

Clearfield: Unraveling Fiber Fortunes, A Hazy Path Ahead

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MINNEAPOLIS--(BUSINESS WIRE)--Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communications providers, will be presenting at the 51st Annual TD Cowen Technology, Media & Telecom Conference on May 31, 2023. The conference will be held at the Lotte New York Palace Hotel in New York City. Clearfield's President and CEO, Cheri Beranek, is scheduled to present on Wednesday, May 31, at 3:10 p.m. Eastern time. The presentation will be webcast and available for replay here.

Clearfield to Present at the 51st Annual TD Cowen Technology, Media & Telecom Conference on May 31, 2023

I believe the market has overreacted to recent guidance slashes, creating an attractive opportunity for long-term oriented investors. Clearfield's near-term headwinds present risks but appear to be short-term in duration.

Clearfield: Mr. Market's Overreaction

Clearfield (NASDAQ: CLFD ) stock is falling on Friday after the passive connectivity products company released its earnings report for the fiscal second quarter of 2023. CLFD stock is dropping after the company reported diluted earnings per share of 67 cents for the quarter.

Why Is Clearfield (CLFD) Stock Down 28% Today?

Clearfield, Inc. (NASDAQ:CLFD ) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Company Participants Greg McNiff - IR Cheri Beranek - President and CEO Kevin Morgan - CFO Dan Herzog - CMO Conference Call Participants Ryan Koontz - Needham & Company Tim Savageaux - Northland Capital Markets Scott Searle - ROTH Capital Partners Operator Okay, and welcome to the Clearfield Fiscal Second Quarter 2023 Conference Call. All participants will be in listen-only mode.

Clearfield, Inc. (CLFD) Q1 2023 Earnings Call Transcript

Clearfield (CLFD) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.66 per share a year ago.

Clearfield (CLFD) Q2 Earnings and Revenues Surpass Estimates

MINNEAPOLIS, May 04, 2023 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), a leader in fiber connectivity, reported results for the second quarter of fiscal 2023.

Clearfield Reports Fiscal Second Quarter 2023 Results

Clearfield (CLFD) is expected to witness year over year top-line expansion in the second quarter of fiscal 2023 driven by increasing demand for fiber connectivity.

Can Revenue Growth Benefit Clearfield's (CLFD) Q2 Earnings?

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MINNEAPOLIS, April 20, 2023 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communications providers, will hold a conference call on Thursday, May 4, 2023 at 5:00 p.m. Eastern time (4:00 p.m. Central time) to discuss its financial results for the fiscal second quarter ended March 31, 2023.

Clearfield Sets Fiscal Second Quarter 2023 Earnings Call for Thursday, May 4, 2023

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Clearfield saw amazing growth in terms of revenue for the quarter that ended in December 2022. CLFD reported revenue of $85.94 million, or growth of around 68.2% year-over-year.

Clearfield And Its Real Value

Clearfield (CLFD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Clearfield, Inc. (CLFD) is Attracting Investor Attention: Here is What You Should Know

Based on the average brokerage recommendation (ABR), Clearfield (CLFD) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric.

Is Clearfield (CLFD) a Buy as Wall Street Analysts Look Optimistic?

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CLFD's core business is FTTH deployments in the community broadband market, which spans Tier 2 and 3, utilities, municipalities, and alternative carriers. With ~$100 billion of funding recently passed in the Bipartisan Infrastructure Bill, CLFD is well-positioned to benefit from the US government's commitment to the proliferation of affordable high-speed broadband.

Clearfield: Well-Positioned Amidst Structural Growth Setup

MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, is scheduled to participate in the 35th Annual ROTH Conference, which is being held at The Ritz-Carlton, Laguna Niguel in Dana Point, CA from March 13-14, 2023. Clearfield management will be available for one-on-one meetings throughout the conference.

Clearfield to Participate in the 35th Annual ROTH Conference

Brokers Suggest Investing in Clearfield (CLFD): Read This Before Placing a Bet

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News for Clearfield Stock (CLFD)