Net sales for fiscal 2023 were $268.7 million. Organic revenue was $225.7 million, while Nestor Cables generated revenue of $43.0 million in fiscal year 2023. Nestor Cables was acquired during the fourth quarter of fiscal year 2022.
Latest Presentation
Recent Event
Needham Virtual Security, Networking, & Communications Conference
Latest Financial Results
FY Q4 2023
Fiscal Year Ended Sep 30, 2023
$268.7M
Net Sales
$85.3M
Gross Profit
$48M
Operating Expenses
$32.5M
Net Income
Latest Annual Filing
For Fiscal Year Ending Sep 30, 2023
Report Links
For complete information regarding our financials, see our periodic filings
Annual Operating Highlights
$268.7M
$32.5M
Net income for the year ended September 30, 2023 totaled $32.5 million, or $2.17 per diluted share, compared to $49.4 million, or $3.55 per diluted share, in fiscal year 2022.
As of Sep. 30, 2023 • Q4 2023 Earnings Release
Email Alerts
Stay informed and receive company updates straight to your inbox.
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
16 of 16
Profitable Fiscal Years
400
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.
Prev
Next
Quarterly Financial Performance
Revenue
(In millions)
Gross Profit
(In millions)
Operating Expenses
(In millions)
Net Income
(In millions)
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
Transfer Agent
EQ Shareowner Services
1110 Centre Pointe Curve
Suite 101
Mendota Heights, MN 55120-4100
T: 800-401-1957
www.shareowneronline.com