Shares of Clearfield (NASDAQ:CLFD) moved higher by 21.52% in after-market trading after the company reported Q3 results.
Earnings per share were up 120.00% over the past year to $0.22, which beat the estimate of $0.07.
Revenue of $25,970,000 higher by 18.63% from the same period last year, which beat the estimate of $22,100,000.
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
How To Listen To The Conference Call
Date: Jul 23, 2020
Time: 05:00 PM
Company's 52-week high was at $14.90
52-week low: $8.32
Price action over last quarter: Up 18.98%
Clearfield Inc mainly designs, manufactures and distributes fiber protection, fiber management and fiber delivery solutions for the 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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