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Clearfield: Q1 Earnings Insights

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Benzinga Insights
·1 min read
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Shares of Clearfield (NASDAQ:CLFD) were flat in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share rose 475.00% over the past year to $0.23, which beat the estimate of $0.13.

Revenue of $27,092,000 up by 39.81% year over year, which beat the estimate of $24,750,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Clearfield hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Jan 28, 2021

View more earnings on CLFD

Time: 05:00 PM

ET Webcast URL: https://viavid.webcasts.com/starthere.jsp?ei=1422387&tp_key=128da2425a

Recent Stock Performance

Company's 52-week high was at $37.54

Company's 52-week low was at $8.32

Price action over last quarter: Up 43.78%

Company Overview

Clearfield Inc mainly designs, manufactures, and distributes fiber protection, fiber management and fiber delivery solutions for communications networks. It provides a range of products including copper assemblies, cassettes, box enclosures, fiber connectors, frames, microduct, terminals, vaults, pedestal inserts, FieldSmart, WaveSmart, and CraftSmart. The company has a global presence with the majority of the revenue derived from the United States.

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