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
TD Cowen Technology, Media & Telecom Conference
Quarter Ended Mar 31, 2023
Net Sales
Gross Profit
Operating Expenses
Net Income
For Fiscal Year Ending Sep 30, 2022
For complete information regarding our financials, see our periodic filings
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
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
Revenue for Fiscal Year 2022 Grew 92% to $271 Million as Compared to Fiscal Year 2021
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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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.
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Customers
Profitable Fiscal Years
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Clearfield, Inc.
7050 Winnetka Avenue N
Minneapolis, MN 55428
The Blueshirt Group
Greg McNiff
T: 773-485-7191
clearfield@blueshirtgroup.com
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1110 Centre Pointe Curve
Suite 101
Mendota Heights, MN 55120-4100
T: 800-401-1957
www.shareowneronline.com
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