Clearfield, Inc. (CLFD)
Market Cap | 522.79M |
Revenue (ttm) | 182.11M |
Net Income (ttm) | -3.27M |
Shares Out | 14.23M |
EPS (ttm) | -0.25 |
PE Ratio | n/a |
Forward PE | 30.67 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 68,624 |
Open | 36.04 |
Previous Close | 36.23 |
Day's Range | 35.83 - 36.90 |
52-Week Range | 22.91 - 49.64 |
Beta | 1.36 |
Analysts | Strong Buy |
Price Target | 44.67 (+21.62%) |
Earnings Date | Aug 1, 2024 |
About CLFD
Clearfield, Inc. manufactures and sells various fiber connectivity products in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and active cabinet products. It also provides CraftSmart FiberFirst pedestals, an access terminal that offers a cable management and mounting bracke... [Read more]
Financial Performance
In 2023, Clearfield's revenue was $268.72 million, a decrease of -0.80% compared to the previous year's $270.88 million. Earnings were $32.53 million, a decrease of -34.09%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for CLFD stock is "Strong Buy." The 12-month stock price forecast is $44.67, which is an increase of 21.62% from the latest price.
News
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Clearfield's Kevin Morgan Named as One of Twin Cities Business Notable Chief Marketing Officers for 2024
MINNEAPOLIS--(BUSINESS WIRE)-- #Award--Clearfield (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced that Kevin Morgan, Chief Marketing Officer of Clearfield, Inc., h...
![](https://cdn.snapi.dev/images/v1/h/r/press2-2407469.jpg)
Clearfield Reports Second Quarter 2024 Results
MINNEAPOLIS, May 02, 2024 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), a leader in fiber connectivity, reported results for the fiscal second quarter 2024.
![](https://cdn.snapi.dev/images/v1/1/s/conf2-2401038.jpg)
Clearfield to Present at the Needham Technology, Media, & Consumer Conference
MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, will participate in a fireside chat at the Needham Technology, Media, ...
![](https://cdn.snapi.dev/images/v1/d/k/conf14-2380637.jpg)
Clearfield Sets Fiscal Second Quarter 2024 Earnings Call for Thursday, May 2, 2024
MINNEAPOLIS, April 19, 2024 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced that its second quarter ended March 31, 2024, res...
![](https://cdn.snapi.dev/images/v1/3/a/press8-2308854.jpg)
Clearfield Develops Industry's First 3D Interactive Fiber Installation Tool
MINNEAPOLIS--(BUSINESS WIRE)-- #3D--Clearfield, Inc. (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced the availability of 3D interactive instructions for Clearfield...
![](https://cdn.snapi.dev/images/v1/b/h/press9-2301281.jpg)
Clearfield FiberFlex 600 Delivers a Right-Sized, Small Footprint Active Cabinet Option for Rural Expansion
MINNEAPOLIS--(BUSINESS WIRE)-- #ActiveCabinet--Clearfield (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced the FieldSmart® FiberFlex 600. The small form factor of t...
![](https://cdn.snapi.dev/images/v1/n/f/press8-2256455.jpg)
Clearfield Reports Fiscal First Quarter 2024 Results
MINNEAPOLIS, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), a leader in fiber connectivity, reported results for the fiscal first quarter 2024, ended December 31, 2023.
![](https://cdn.snapi.dev/images/v1/t/1/press2-2238410.jpg)
Clearfield® Streamlines its Supply Chain with CraftSmart® Fiber Protection Vault for Underground Deployments
MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Clearfield (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced the availability of the CraftSmart® Fiber Protection Vault, a...
![](https://cdn.snapi.dev/images/v1/2/r/conf6-2235492.jpg)
Clearfield Sets Fiscal First Quarter 2024 Earnings Call for Thursday, February 1, 2024
MINNEAPOLIS, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced that its first quarter ended December 31, 2023 res...
![](https://cdn.snapi.dev/images/v1/l/l/conf9-2215283.jpg)
Clearfield to Present at the Needham Growth Conference
MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, will participate in a fireside chat at the Needham Growth Conference o...
![](https://cdn.snapi.dev/images/v1/n/w/im-729246size1777777777777778width800-2179480.jpg)
Why these stocks could lose money even if the market gains
According to a study published this summer in The Review of Financial Studies, these vulnerable stocks are the ones that are most difficult to borrow and then sell short.
![](https://cdn.snapi.dev/images/v1/5/t/press5-2161603.jpg)
EY Announces Cheri Beranek of Clearfield, Inc. as an Entrepreneur Of The Year® 2023 National Award Winner
MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Ernst & Young LLP (EY US) announced that Cheri Beranek, president and CEO of Clearfield, Inc. (NASDAQ: CLFD), was named an Entrepreneur Of The Year® 2023 Nat...
![](https://cdn.snapi.dev/images/v1/o/j/press1-2150958.jpg)
Clearfield Announces Increase to Share Repurchase Program
MINNEAPOLIS, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced that its Board of Directors has authorized an incr...
![](https://cdn.snapi.dev/images/v1/q/0/conf18-2131522.jpg)
Clearfield to Present at the Needham Virtual Security, Networking, & Communications Conference
MINNEAPOLIS--(BUSINESS WIRE)-- #Clearfield--Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, will participate in a fireside chat at the Needham Virtual Security, ...
![](https://cdn.snapi.dev/images/v1/6/9/conf9-2124093.jpg)
Clearfield Sets Fiscal Fourth Quarter and Full Year 2023 Earnings Call for Thursday, November 9, 2023
MINNEAPOLIS, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced that its fourth quarter and fiscal year ended Sept...
![](https://cdn.snapi.dev/images/v1/z/4/press13-2100722.jpg)
Clearfield Sizes Active Cabinet to Expand Fiber First Mover Deployments
MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Clearfield, Inc. (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced the FieldSmart® FiberFlex 1700 active cabinet, an all-i...
![](https://cdn.snapi.dev/images/v1/3/i/press16-2100878.jpg)
Clearfield Delivers FiberFirst 6-inch Pedestal to Facilitate Fiber Homes Connected
MINNEAPOLIS--(BUSINESS WIRE)-- #BABA--Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced the CraftSmart® FiberFirst 6-inch Pedestal, a compact, secu...
![](https://cdn.snapi.dev/images/v1/h/z/press1-2070371.jpg)
Clearfield Blows Past Traditional MPO Limits with FieldShield® Blowable MPO Fibre Assemblies
LONDON--(BUSINESS WIRE)-- #Clearfield--Clearfield, Inc. (NASDAQ:CLFD), the leader in community broadband fibre connectivity, today announced the launch of its FieldShield blowable MPO fibre assemblies...
![](https://cdn.snapi.dev/images/v1/o/h/press7-2042930.jpg)
Clearfield's SeeChange Honored with 2023 ISE Network Innovator Award
MINNEAPOLIS--(BUSINESS WIRE)-- #ISE--Clearfield, Inc. (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced that its SeeChange® Access Terminal and Hardened Connector Sy...
![](https://cdn.snapi.dev/images/v1/g/7/press17-2030710.jpg)
Clearfield Improves First Pass Yield in Fiber Networks by Expanding Product Line to Include ClearPass™ Dust Cap
MINNEAPOLIS--(BUSINESS WIRE)-- #FiberConnect23--Clearfield, Inc. (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced the product launch of the ClearPass™ Dust Cap. Cle...
![](https://cdn.snapi.dev/images/v1/p/k/press15-2012287.jpg)
Clearfield, Inc. to Share Expertise at Fiber Connect 2023
MINNEAPOLIS--(BUSINESS WIRE)-- #FiberConnect23--Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, announced that it has been accepted to speak at the Fiber Broadba...
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UPDATE -- Clearfield Reports Fiscal Third Quarter 2023 Results
MINNEAPOLIS, Aug. 03, 2023 (GLOBE NEWSWIRE) -- In the release issued earlier today by Clearfield, Inc. (NASDAQ: CLFD) under the same headline, please note that the updated press release below now incl...
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EY Announces Clearfield's Cheri Beranek as an Entrepreneur Of The Year® 2023 Heartland Award Winner
MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Ernst & Young LLP (EY US) today announced that Cheri Beranek, CEO of Clearfield, was named an Entrepreneur Of The Year® 2023 Heartland Award winner. The Entr...
![](https://cdn.snapi.dev/images/v1/l/b/conf5-1896163.jpg)
Clearfield to Present at the 51st Annual TD Cowen Technology, Media & Telecom Conference on May 31, 2023
MINNEAPOLIS--(BUSINESS WIRE)--Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communications providers, will be presenting at the 51st Annual TD Cowen Technology, Media & Telec...
![](https://cdn.snapi.dev/images/v1/f/9/press18-1872735.jpg)
Clearfield Reports Fiscal Second Quarter 2023 Results
MINNEAPOLIS, May 04, 2023 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), a leader in fiber connectivity, reported results for the second quarter of fiscal 2023.