Clearfield divests Nestor Cables business via management buyout; expects accretive impact

Clearfield, Inc.

Sold Clearfield Finland Oy (Nestor Cables) for $1 cash + contribution of $5.8M inter-company receivables.
Business employs ~100 in Finland & Estonia; Nestor Cables will continue as a Clearfield supplier.
Expects one-time loss in fiscal Q4 2025 (minimal cash impact); transaction accretive to margins going forward.
Divestiture sharpens focus on core Community Broadband fiber connectivity; supports BABA vertical integration.

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