Highest-materiality recent filing
Clearfield Q3 net sales $43.9M (+13% YoY), EPS $0.22; cuts FY2026 guidance
Net sales from continuing ops $43.9M, up 13% YoY; net income $3.0M ($0.22 diluted EPS) vs $2.3M ($0.16) a year ago.
Clearfield Q2 net sales $34.4M, net loss $0.04 EPS; backlog up 39% QoQ
Net sales from continuing ops $34.4M, down 15% YoY; net loss per diluted share $0.04 vs income $0.18 YoY.
Clearfield Q1 net sales up 16% to $34.3M; net loss per share -$0.04 improves from -$0.13 YoY
Net sales from continuing ops $34.3M (+16% YoY), above guidance of $30-33M.
Clearfield reports Q4 EPS $0.13; FY2025 EPS $0.45; guides FY2026 rev $160-170M; buyback auth $85M
Q4 FY2025 net sales from cont ops $41.1M (+13% YoY); gross margin 34.6% vs 26.6%.
Clearfield divests Nestor Cables business via management buyout; expects accretive impact
Sold Clearfield Finland Oy (Nestor Cables) for $1 cash + contribution of $5.8M inter-company receivables.
Clearfield Q3 net income $1.6M ($0.11 EPS) beats guidance; raises FY revenue view to $180-184M
Revenue $49.9M (+2% YoY); gross margin 30.5%, up from 21.9% on improved overhead absorption and inventory recoveries.
Clearfield returns to profitability in Q2; revenue $47.2M, EPS $0.09 vs loss $0.40
Net sales $47.2M (+28% YoY); Clearfield segment revenue up 47% YoY.
Clearfield reports Q1 FY2025 net loss $(0.13)/share on revenue $35.5M, reiterates FY guidance
Net sales $35.5M, up 4% YoY; net loss per share $(0.13) improved from $(0.35) YoY.
Clearfield reports Q4 net loss $0.8M; revenue $46.8M down 6% YoY; FY2025 guide $170-185M
Q4 net sales $46.8M (down 5.9% YoY); net loss per share $(0.06) vs income $0.17 YoY; exceeded prior guidance.
Clearfield Q3 FY2024 net loss per share $(0.04) beats guidance on revenue $48.8M
Revenue $48.8M (-20% YoY) exceeded outlook; net loss ($0.4M) vs net income $5.2M a year ago.
Clearfield Q2 net sales $36.9M, down 49% YoY; net loss $0.40 EPS; guides Q3 sales $40-44M
Q2 net sales $36.9M vs $71.8M YoY (-49%); net loss $0.40 EPS vs income $0.67.
Clearfield Q1 fiscal 2024 revenue down 60% YoY, net loss of $5.3M
Net sales $34.2M, down 60% YoY; net loss $5.3M ($0.35 diluted) vs net income $14.3M ($1.00 diluted) YoY.
Clearfield Q4 net sales down 48% YoY to $49.7M; guides Q1 revenue $28-32M with net loss
Q4 net income $2.7M ($0.17 diluted EPS) vs $17.0M ($1.22) a year ago; gross margin dropped to 24.1% from 39.5%.
Clearfield Q3 net sales $61.3M (-14% YoY), EPS $0.33 vs $0.92; raises FY EPS guidance
Net income $5.2M ($0.33 diluted EPS) vs $12.7M ($0.92) a year ago; gross margin fell to 31.1% from 41.1%.
Clearfield Q3 net sales down 14% YoY; raises FY2023 EPS guidance to $2.05-$2.15
Q3 net sales $61.3M (-14% YoY); net income $5.2M (-59%); diluted EPS $0.33 vs $0.92.
Clearfield Q2 revenue up 34% to $71.8M; cuts FY23 guidance on customer inventory digestion
Revenue $71.8M (+34% YoY), net income $10.4M ($0.67 diluted EPS), gross margin fell to 32.8% from 43.3%.
Clearfield Q1 revenue up 68% YoY to $86M; EPS $1.00; reaffirms FY revenue guidance $380-393M
Net sales $85.9M, up 68% YoY from $51.1M; diluted EPS $1.00 vs $0.75, up 33%.
Clearfield closes upsized $120M public stock offering, net proceeds $130.4M
Sold 1,380,000 shares (including full underwriter option exercise) at $100/share public price.
Clearfield posts record FY2022 revenue of $271M, up 92% YoY; guides FY2023 to 40-45% growth
Q4 revenue $95.0M (+110% YoY); diluted EPS $1.22 vs $0.53 prior year.
Net sales $71.3M (+84% YoY); net income $12.7M ($0.92 diluted EPS) vs $6.1M ($0.44) YoY.
Clearfield announces agreement to acquire Nestor Cables Oy
Entered into a share purchase agreement to buy all issued and outstanding shares of Nestor Cables Ltd.
Clearfield to acquire Nestor Cables for ~$23M; plans Mexico fiber production in 2023
Total acquisition value approx. US$23M; ~$17M cash at close from credit facility.
Clearfield reports record Q2 FY2022 revenue $53.5M (+80% YoY); raises FY guidance to $204-218M
Revenue $53.5M (+80% YoY); net income $9.2M ($0.66 diluted EPS) vs $0.27 prior year.
Clearfield Q1 FY22 revenue $51.1M (+89% YoY); net income $10.4M (+228%)
Record net sales of $51.1M, up 89% from $27M; net income $10.4M vs $3.2M.
On December 30, 2024, Patrick F. Goepel, a director of Clearfield, Inc. (the “Company”), notified the Company of his decision not to stand for re-election to the Board of Directors (the “Board”) at the 2025 annual meeting of shareholders.
On November 5, 2024, the Board of Directors (the “Board”) of the Company appointed Ms. Catherine T. Kelly and Mr. Ademir Sarcevic to serve as directors of the Company, effective December 11, 2024.
On November 5, 2024, the Board of Directors (the “Board”) of the Company appointed Ms. Catherine T. Kelly and Mr. Ademir Sarcevic to serve as directors of the Company, effective December 11, 2024.
the Board of Director elected Walter Jones, Jr. and Carol Wirsbinski as directors of the Company effective December 3, 2021.
the Board of Director elected Walter Jones, Jr. and Carol Wirsbinski as directors of the Company effective December 3, 2021.
Max materiality 0.90 · Median 0.53 · Most common event earnings