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.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Shares of Clearfield Inc (NASDAQ: CLFD) are up nearly 20% on Friday after the passive connectivity products maker reported strong results for its fiscal first quarter and raised guidance for the future last night. Q1 results Clearfield said its net income printed at $10.4 million that translates to 75 cents per share.

Clearfield shares surged 20% on Friday morning: explained here

Clearfield Inc (NASDAQ: CLFD) reported first-quarter FY22 net sales of 89% year-on-year to $51.1 million, beating the consensus of $41.3 million. The increase in net sales was due to higher sales across its core end markets, most notably its Community Broadband and MSO markets.

Why Are Clearfield Shares Trading Higher Premarket?

Clearfield, Inc. (CLFD) CEO Cheri Beranek on Q1 2022 Results - Earnings Call Transcript

MINNEAPOLIS, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management and connectivity platforms for communication service providers, reported results for the fiscal first quarter ended December 31, 2021.

Clearfield Reports Record Fiscal First Quarter 2022 Results

Clearfield (CLFD) is likely to have recorded year-over-year higher revenues due to strong broadband demand in the rural markets.

Will Solid Broadband Demand Aid Clearfield (CLFD) Q1 Earnings?

MINNEAPOLIS, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communication service providers, will hold a conference call on Thursday, January 27, 2022 at 5:00 p.m. Eastern time (4:00 p.m. Central time) to discuss its financial results for the fiscal first quarter ended December 31, 2021.

Clearfield Sets Fiscal First Quarter 2022 Earnings Call for Thursday, January 27, 2022 at 5:00 p.m. ET

Clearfield (CLFD) closed the most recent trading day at $68.70, moving -1.28% from the previous trading session.

Clearfield (CLFD) Stock Sinks As Market Gains: What You Should Know

MINNEAPOLIS--(BUSINESS WIRE)-- #fiber--Clearfield ranked 14th on the list of Investors Business Daily's Best Companies of 2021.

Clearfield Ranks Among IBD's 100 Best Companies of 2021

MINNEAPOLIS--(BUSINESS WIRE)-- #fiber--Clearfield will be virtually presenting and holding one-on-one meetings at the 24th Annual Needham Virtual Growth Conference on January 10-14, 2022.

Clearfield to Present at the 24th Annual Needham Virtual Growth Conference on January 11, 2022

Clearfield (CLFD) closed at $81 in the latest trading session, marking a +0.81% move from the prior day.

Clearfield (CLFD) Gains As Market Dips: What You Should Know

Axcelis Technologies

Bridge Investment Group Holdings

Photronics

Vista Outdoor

Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are PLAB, BRDG, CLFD, VSTO and ACLS.

5 Stocks With Recent Price Strength to Enhance Portfolio

Ciena

Extreme Networks

iShares North American Tech-Multimedia Networking ETF

Infinera

Lumentum Holdings

iShares North American Tech-Multimedia Networking ETF (IGN) topped the list of best-performing U.S. equity ETFs in December, gaining about 13%.

Best-Performing Stocks of the Top U.S. ETF of December

Motorola Solutions

QUALCOMM

3 Former Tech Darlings Eclipsing Prior Highs

Reminiscences of the Tech Bubble: 3 Former Darlings Eclipsing Prior Highs

Altair Engineering

Commercial Metals

Crane Company

TimkenSteel

We have narrowed our search to five stocks that are likely to gain from the Biden administration's infrastructure development legislation. These are: CLFD, CR, CMC, ALTR and TMST.

Top 5 Stocks to Gain in 2022 From U.S. Infrastructure Spending

The US Infrastructure bill recently passed by Congress grants $65 billion to broadband infrastructure expansion.

Clearfield: Capitalizing On COVID's Currents

MINNEAPOLIS--(BUSINESS WIRE)-- #fiber--Morgan's decades of telecom experience will provide leadership as the industry is poised for significant growth

Clearfield's Kevin Morgan Elected Board Chairman for Fiber Broadband Association

Clearfield (CLFD) closed at $66.30 in the latest trading session, marking a +0.9% move from the prior day.

Clearfield (CLFD) Outpaces Stock Market Gains: What You Should Know

MINNEAPOLIS--(BUSINESS WIRE)-- #Forbes--Ranking 12th on the list of Forbes Top 100 Small Cap Companies highlights the company's value creation and long-term market impact.

Clearfield Joins Ranks of Forbes America's Best Small Companies

MINNEAPOLIS, Dec. 06, 2021 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communication service providers, has elected telecommunications industry veterans Carol Wirsbinski and Walter Jones, Jr. to the board of directors, effective December 3, 2021. With these elections, Clearfield's board composition expands to eight total directors, seven of whom are independent.

Clearfield Elects Industry Veterans Carol Wirsbinski and Walter Jones, Jr. to the Board of Directors

Clearfield (CLFD) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

What Makes Clearfield (CLFD) a Good Fit for "Trend Investing"

Builders FirstSource

Capital Product Partners

MGP Ingredients

Tecnoglass

Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are MGPI, CPLP, CLFD, BLDR and TGLS.

5 Stocks With Recent Price Strength Despite Market Volatility

Clearfield (CLFD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Clearfield (CLFD) Upgraded to Strong Buy: Here's What You Should Know

Clearfield (CLFD) Is a Great Choice for "Trend" Investors, Here's Why

Bluegreen Vacations 

Level One Bancorp Inc

Inotiv, Inc.

Sterling Construction

We have narrowed down our search to five small business operators that have popped more than 20% in the past month. These are NOTV, STRL, LEVL, CLFD and BVH.

Top 5 High-Flying Small-Cap Stocks to Tap Wall Street Rally

MINNEAPOLIS--(BUSINESS WIRE)--Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communication service providers, is scheduled to present at the Needham Virtual Security, Networking, & Communications Conference on Tuesday, November 16, 2021, at 1:30 p.m. Eastern time. Clearfield President and CEO Cheri Beranek will be virtually delivering the presentation and holding one-on-one meetings with institutional investors and analysts throughout the day. For additional informa

News for Clearfield Stock (CLFD)