earnings
confidence high
sentiment neutral
materiality 0.65
Clearfield reports Q1 FY2025 net loss $(0.13)/share on revenue $35.5M, reiterates FY guidance
Clearfield, Inc.
2025-Q1 EPS reported
-$0.13
revenue$35,476,000
- Net sales $35.5M, up 4% YoY; net loss per share $(0.13) improved from $(0.35) YoY.
- Gross margin expanded to 23.1% vs 13.7% due to $2.3M lower excess inventory charges.
- Clearfield segment revenue up 6% YoY; order backlog $26.0M (+3.6% vs Sep 30, 2024).
- Repurchased $6.2M in shares; $18.7M remains under buyback program.
- Reiterated FY2025 revenue guidance $170-185M; Q2 guidance: revenue $37-40M, loss $(0.16)-$(0.21)/share.