Revenue For Fiscal Fourth Quarter Grew 110% Year-over-Year to Record $95 Million Including an incremental $7 Million Generated by the Acquisition of Nestor Cables
Latest Presentation
Recent Event
TD Cowen Technology, Media & Telecom Conference
Latest Financial Results
Q2 2023
Quarter Ended Mar 31, 2023
$71.8M
Net Sales
$23.6M
Gross Profit
$12M
Operating Expenses
$10.4M
Net Income
Latest Annual Filing
For Fiscal Year Ending Sep 30, 2022
Report Links
For complete information regarding our financials, see our periodic filings
Annual Operating Highlights
$95M
$49M
Fiscal 2022 Net Income Totaled $49 Million, or $3.55 per Diluted Share, an Improvement of 143% from $20 Million, or $1.47 per Diluted Share, in Fiscal 2021
$271M
Revenue for Fiscal Year 2022 Grew 92% to $271 Million as Compared to Fiscal Year 2021
$165M
Backlog Increased 148% to $165 Million at Year End Compared to $66 Million at End of Fiscal 2021
As of Sep. 30, 2022 • Q4 2022 Earnings Release
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Stock Snapshot
A Scalable Fiber Management and Delivery Platform
Clearfield, Inc. (NASDAQ: CLFD) designs, manufactures and distributes fiber optic management, protection and delivery products for communications networks. Our “fiber to anywhere” platform serves the unique requirements of leading ILECS, CLECs, MSO/cable TV companies, and the broadband needs of the Utility/Municipality, Enterprise, Data Center and Military markets. Clearfield offers the industry’s only fiber management and delivery platform that scales to align capital equipment expenditure alongside subscriber revenue through a single architecture.
To be an industry leader means knowing the customer’s requirements, and then exceeding them. Clearfield leads the industry by helping service providers reduce the high costs associated with deploying, managing, protecting and scaling a fiber optic network. We do this by bringing customer-focused designs to the marketplace, building simplicity into the design and delivering the lowest total cost of ownership.
Headquartered in Minneapolis, MN, Clearfield deploys millions of fiber ports each year throughout North America and beyond.
Clearfield at a Glance
2008
Founded
>1,200
Customers
15 of 15
Profitable Fiscal Years
280
Employees
The Roadmap for 5G
And Where We Get Involved
Phase 1: Building Fiber Rings
5G requires more fibers per cell tower than 4G; carriers and construction companies are responsible for ensuring more fiber rings are built.
Phase 2: Adding Small Cells to Densify Mesh
Densification requires much more fiber when going from 3G to 4G to 5G; carriers and construction companies are also responsible for this phase.
Phase 3: Integrating Active Cabinets Within the Small Cells
Our products help service providers reduce the high costs associated with deploying, managing, protecting and scaling a fiber-optic network.
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Investor Contact Information
Company
Clearfield, Inc.
7050 Winnetka Avenue N
Minneapolis, MN 55428
Investor Relations
The Blueshirt Group
Greg McNiff
T: 773-485-7191
clearfield@blueshirtgroup.com
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