Clearfield, Inc. (CLFD) Tops Q4 EPS by 36c; Raises FY Revenue Outlook
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Clearfield Reports Record Fiscal Fourth Quarter and Full Year 2022 Results
November 17, 2022 4:00 PM ESTRevenue For Fiscal Fourth Quarter Grew 110% Year-over-Year to Record $95 Million Including an incremental $7 Million Generated by the Acquisition of Nestor Cables.Revenue for Fiscal Year 2022 Grew 92% to $271 Million as Compared to Fiscal Year 2021. Fiscal 2022 Net Income Totaled $49 Million, or $3.55Â per Diluted Share, an Improvement of 143% from $20 Million, or $1.47 per Diluted Share, in Fiscal 2021.Backlog Increased 148% to $165 Million at Year End Compared to $66 Million at End of Fiscal 2021.Company Introduces Fiscal 2023 Net... More
