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Clearfield: Fiscal 4Q Earnings Snapshot

BROOKLYN PARK, Minn. (AP) _ Clearfield Inc. (CLFD) on Thursday reported fiscal fourth-quarter profit of $1.9 million.

The Brooklyn Park, Minnesota-based company said it had net income of 14 cents per share.

The maker of fiber optic management products posted revenue of $24 million in the period.

For the year, the company reported profit of $4.6 million, or 34 cents per share. Revenue was reported as $85 million.

Clearfield expects full-year revenue in the range of $92 million to $95 million.

Clearfield shares have climbed 24% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $12.26, a fall of almost 2% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLFD at https://www.zacks.com/ap/CLFD