Clearfield, Inc. (CLFD) Tops Q1 EPS by 11c

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Go back to Clearfield, Inc. (CLFD) Tops Q1 EPS by 11c

Clearfield Reports First Quarter Fiscal 2025 Results

February 6, 2025 4:05 PM EST

Revenue of $35.5 million consistent with expectations and narrower net loss per share of $(0.13), with revenue for the Clearfield segment up 6% year-over-year
Generated increased revenue from connected homes products, highlighting continued progress toward becoming a comprehensive portfolio supplier
Experienced strong quoting activity and initiation of new multi-year projects from customers
Share buy-backs totaled $6.2 million with $18.7 million remaining available for future repurchases and cash flow from operations amounted to approximately $7.2 million

MINNEAPOLIS, Feb. 06, 2025 (GLOBE NEWSWIRE) --... More