Clearfield Reports Fiscal Third Quarter 2019 Results
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Clearfield, Inc. (CLFD) Tops Q3 EPS by 2cl; Maintains FY19 Revenue Outlook
July 25, 2019 4:02 PM EDTClearfield, Inc. (NASDAQ: CLFD) reported Q3 EPS of $0.10, $0.02 better than the analyst estimate of $0.08. Revenue for the quarter came in at $21.9 million versus the consensus estimate of $22.25 million.
Management CommentaryDuring the third quarter, we continued to build on our track record of growth and move closer toward achieving our full year guidance for 2019, said Clearfield CEO, Cheri Beranek. Revenue was up 2% year-over-year to $21.9 million, which was driven primarily by the strong performance achieved in our National Carrier business, partially offset by softer demand in other segments of our markets.
For the nine-month period ended June... More
