Core Insights - Clearfield, Inc. reported a strong financial performance for fiscal year 2025, with net sales from continuing operations increasing by 20% to $150.1 million and gross profit margin improving significantly from 20.6% to 33.7% [3][10][11] - The company achieved a net income from continuing operations of $6.3 million, translating to earnings per share of $0.45, a substantial recovery from a net loss per share of $(0.58) in fiscal 2024 [4][12] - Clearfield anticipates continued growth in fiscal 2026, projecting revenue from continuing operations between $160 million and $170 million, and earnings per share in the range of $0.48 to $0.62 [3][13] Financial Performance - In Q4 2025, net sales from continuing operations reached $41.1 million, a 13% increase from $36.2 million in Q4 2024 [2][7] - Gross profit for Q4 2025 was $14.2 million, with a gross margin of 34.6%, up from 26.6% in the same quarter last year [2][8] - Operating expenses for Q4 2025 were $13.3 million, representing 32.3% of sales, a decrease from 33.4% in Q4 2024 [9][12] Strategic Developments - The company divested its European Nestor Cables business to focus on higher-return opportunities in North America, which aligns with its "Better Broadband and Beyond" strategy [5][6] - Clearfield's order backlog as of September 30, 2025, was $24.7 million, reflecting a decrease of 20% from the previous quarter but a 9% increase year-over-year [7] - The Board of Directors increased the share repurchase program authorization from $65 million to $85 million, indicating confidence in the company's market position [3][5] Outlook - For Q1 fiscal 2026, Clearfield expects net sales from continuing operations to be between $30 million and $33 million, with operating expenses remaining consistent with Q4 2025 [14] - The company does not foresee significant impacts from the results of discontinued operations on net income per share for the upcoming quarter [14] - Clearfield's management remains committed to disciplined growth and operational efficiency, despite potential pressures from external factors such as government funding delays [13][14]

MINNEAPOLIS, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced that it will release results for the fourth quarter of fiscal 2025, ended September 30, 2025, on Tuesday, November 25, 2025, before the market open. The company will host a conference call at 8:30 a.m. Eastern time (7:30 a.m. Central time) to discuss its financial results with the investment community. Financial results will be available on the Investor Relati ...

Core Insights - Clearfield, Inc. has announced the election of Rebecca Seidel and Kathleen Skarvan to its Board of Directors, effective December 10, 2025 [1][2] - The new board members are expected to enhance the board's collective strength and support Clearfield's long-term growth [2] Board Member Contributions - Rebecca Seidel brings over 20 years of experience in MedTech, currently serving as Senior Vice President and President of Cardiac Ablation Solutions at Medtronic, overseeing a $1 billion revenue business [3] - Kathleen Skarvan has extensive experience as a Board Director and CEO, previously serving as President and CEO of Electromed, Inc., and has a strong background in high technology executive roles [3] Company Overview - Clearfield, Inc. specializes in designing, manufacturing, and distributing fiber optic management solutions, playing a critical role in enabling broadband operators to close the digital divide [4] - The company is headquartered in Minneapolis, MN, and deploys over a million fiber ports each year [4]