Clearfield (CLFD) Reports Q4 Loss, Tops Revenue Estimates

Clearfield (CLFD) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 68.42%. A quarter ago, it was expected that this maker of fiber optic management products would post a loss of $0.34 per share when it actually produced a loss of $0.04, delivering a surprise of 88.24%.Over the last four qu ...