Clearfield (CLFD) Reports Q3 Loss, Tops Revenue Estimates

Clearfield (CLFD) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 88.24%. A quarter ago, it was expected that this maker of fiber optic management products would post a loss of $0.53 per share when it actually produced a loss of $0.40, delivering a surprise of 24.53%. Over the last four q ...