Fourth Quarter and Full Year 2021 Earnings Call

November 4, 2021 - 5:00 PM ET

Cheri Beranek Inducted into Minnesota Business Hall of Fame

As Seen In June/July 2021 – Twin Cities Business

She’s Grown a Telecom Startup Into a Go-to Firm for Rural Broadband Connectivity


View Article

Recent Event

Needham Virtual Security, Networking, & Communications Conference

Latest Financial Results

$140.8M

Net Sales

$61.2M

Gross Profit

$35.9M

Operating Expenses

$20.3M

Net Income

Latest Annual Filing

For Fiscal Year Ending Sep 30, 2021

For complete information regarding our financials, see our periodic filings

Annual Operating Highlights

$140.8M

Company Achieves Record Annual Net Sales of $140.8 Million, Driven by 66% Year-over-Year Growth in Community Broadband Revenue

$66.4M

Backlog Increased 522% to $66.4 Million at Year End compared to $10.7 Million at End of Fiscal 2020

$20.3M

Fiscal 2021 Net Income Totaled $20.3 Million, or $1.47 per diluted share

$60.5M

Cash and Investments totaled $60.5M as of September 30, 2021

As of Sep. 30, 2021 • Q4 2021 Earnings Release

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Stock Snapshot

A Scalable Fiber Management and Delivery Platform

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

>500

Customers

14 of 14

Profitable Fiscal Years

250

Employees

The Roadmap for 5G

And Where We Get Involved

View Our Products

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

Gateway Investor Relations
Matt Glover and Sophie Pearson
T: 949-574-3860
CLFD@gatewayir.com

Transfer Agent

EQ Shareowner Services
1110 Centre Pointe Curve
Suite 101
Mendota Heights, MN 55120-4100
T: 800-401-1957
www.shareowneronline.com

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