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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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

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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"

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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).

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

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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

Clearfield to Present at Needham Virtual Security, Networking, & Communications Conference on November 16, 2021

Clearfield, Inc. (CLFD) CEO Cheri Beranek on Q4 2021 Results - Earnings Call Transcript

Clearfield (CLFD) delivered earnings and revenue surprises of 29.27% and 14.52%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Clearfield (CLFD) Beats Q4 Earnings and Revenue Estimates

MINNEAPOLIS, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management and connectivity platforms for communication service providers, reported results for the fiscal fourth quarter and fiscal year ended September 30, 2021.

Clearfield Reports Record Fiscal Fourth Quarter and Full Year 2021 Results

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News for Clearfield Stock (CLFD)