U.S. dial-in: 1-877-407-0792 International dial-in: 1-201-689-8263 Conference ID: 13745310 2024 2023 Assets Current Assets Cash and cash equivalents $ 15,818 $ 37,827 Short-term investments 127,089 130,286 Accounts receivable, net 21,899 28,392 Inventories, net 83,985 98,055 Other current assets 8,641 1,695 Total current assets 257,432 296,255 Clearfield Reports Second Quarter 2024 Results | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------------------------------------- ...

Clearfield, Inc. (CLFD) announced the launch of a 3D interactive tool built in collaboration with the BILT mobile app to streamline the fiber installation process. The advanced tool enriches fiber technicians with interactive instructions about Clearfield products through the BILT mobile application. The app is available at no extra charge. It features voice and text guidance and is accessible in several languages, including English, Spanish and German.Recognizing the tech-savvy nature of the new generation ...

MINNEAPOLIS--(BUSINESS WIRE)--Clearfield, Inc. (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced the availability of 3D interactive instructions for Clearfield® products delivered via the BILT® mobile app that provides installers an easy way to streamline the installation process available at no extra charge. The animated guides were developed in response to the Clearfield customer base, and will help reduce installation errors, time, and field issues by ensuring fiber tec ...

Clearfield Inc. (CLFD) recently introduced its latest innovation, the FieldSmart FiberFlex 600. This compact solution promises to revolutionize fiber deployment flexibility, offering a myriad of advantages for operators venturing into diverse applications. The FiberFlex 600 is engineered to adapt seamlessly to various scenarios, from remote OLTs with PON distribution to wireless base stations with fiber backhaul aggregation.According to Johnny Hill, Clearfield's Chief Operating Officer, the FiberFlex 600 em ...

MINNEAPOLIS--(BUSINESS WIRE)--Clearfield (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced the FieldSmart® FiberFlex 600. The small form factor of the FiberFlex 600 is designed to configure for numerous applications, including remote OLTs with PON distribution, wireless base stations with fiber backhaul aggregation, and active network equipment with backup power needs, utilizing a flexible layout. This is Clearfield’s latest and smallest size option in the FiberFlex series ...

felixR Investment thesis After strong fiscal 2021, 2022, and 2023, Clearfield (NASDAQ:CLFD) is currently suffering a rebound effect as customers have excess inventories and are postponing orders. Net sales fell by 60.17% year over year in Q1 2024 and profit margins have plummeted due to lower volumes, pushing the EBITDA margin well into negative territory. As a consequence, investors are very pessimistic compared to fiscal 2021, 2022, and H1 2023, and the share price already trades 79% below all-time highs ...

FORM 10-Q For the quarterly period ended December 31, 2023 For the transition period from __________________ to ___________________ Clearfield, Inc. (Exact name of Registrant as specified in its charter) 7050 Winnetka Avenue North Suite 100 Brooklyn Park, Minnesota 55428 (Address of principal executive office) (Zip Code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities ...

Clearfield, Inc. (NASDAQ:CLFD) Q1 2024 Earnings Conference Call February 1, 2024 5:00 PM ET Company Participants Greg McNiff – Investor Relations Cheri Beranek – President and Chief Executive Officer Dan Herzog – Chief Financial Officer Conference Call Participants Scott Searle – Roth Ryan Koontz – Needham and Company Tim Savagenou – Northland Capital Markets Jaeson Schmidt – Lake Street Operator Good day. And welcome to Clearfield’s Fiscal First Quarter 2024 Conference Call. All participants will be in a l ...

Forward-looking statements contained herein and in any related presentation or in the related Earnings Presentation are made pursuant to the safe harbor provisions of the Private Litigation Reform Act of 1995. Words such as "may," "will," "expect," "believe," "anticipate," "estimate," "outlook," or "continue" or comparable terminology are intended to identify forward-looking statements. Such forward looking statements include, for example, statements about the Company's future revenue and operating performa ...

Clearfield (CLFD) came out with a quarterly loss of $0.35 per share versus the Zacks Consensus Estimate of a loss of $0.40. This compares to earnings of $1 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this maker of fiber optic management products would post earnings of $0.09 per share when it actually produced earnings of $0.17, delivering a surprise of 88.89%.Over the last four q ...