Clearfield Q1 net sales up 16% to $34.3M; net loss per share -$0.04 improves from -$0.13 YoY

Clearfield, Inc.

2026-Q1 EPS reported -$0.04 revenue$34,341,000

Net sales from continuing ops $34.3M (+16% YoY), above guidance of $30-33M.
Gross margin improved 4 ppts to 33.2% on better overhead absorption.
Net loss per diluted share -$0.04 vs -$0.13 YoY; discontinued ops loss narrowed.
Reiterated FY2026 guidance: net sales $160-170M, EPS $0.48-$0.62.
Share buybacks $5.2M; $23.1M remaining under $85M authorization.

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