Earnings summaries and quarterly performance for Clearfield.
Executive leadership at Clearfield.
Board of directors at Clearfield.
AS
Ademir Sarcevic
Detailed
Director
CW
Carol Wirsbinski
Detailed
Director
CK
Catherine Kelly
Detailed
Director
CH
Charles Hayssen
Detailed
Director
DH
Donald Hayward
Detailed
Director
KS
Kathleen Skarvan
Detailed
Director
RS
Rebecca Seidel
Detailed
Director
RR
Ronald Roth
Detailed
Chair of the Board
WJ
Walter Jones Jr.
Detailed
Director
Research analysts who have asked questions during Clearfield earnings calls.
Tim Savageaux
Northland Capital Markets
8 questions for CLFD
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Ryan Koontz
Needham & Company, LLC
6 questions for CLFD
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SS
Scott Searle
ROTH MKM
4 questions for CLFD
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Matthew Cavanagh
Needham & Company
2 questions for CLFD
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Jaeson Schmidt
Lake Street Capital Markets
1 question for CLFD
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MC
Matt Caveney
Needham & Company
1 question for CLFD
Recent press releases and 8-K filings for CLFD.
Clearfield Reports Q1 2026 Results, Launches Nova Platform, and Reiterates FY 2026 Guidance
CLFD
Earnings
Guidance Update
Product Launch
- Clearfield reported Q1 2026 net sales from continuing operations of $34.3 million, exceeding its guidance range of $30-$33 million, and a net loss per share from continuing operations of $0.02.
- The company reiterated its full-year fiscal 2026 net sales guidance of $160 million-$170 million and earnings per share guidance of $0.48-$0.62 from continuing operations.
- Clearfield introduced the Nova Platform, a new modular, high-density fiber system designed for AI, data center, and edge compute networks, which is strategically important for future growth despite modest near-term revenue expectations.
- Management noted signs of stabilization and an early rebound in community broadband demand and views the Verizon-Frontier merger as a significant opportunity. However, BEAD program revenue contribution is anticipated to be modest in fiscal 2026 due to potential supply chain constraints for BABA-compliant fiber.
2 days ago
Clearfield Reports Q1 2026 Results, Provides Guidance, and Launches New Product
CLFD
Earnings
Guidance Update
Product Launch
- Clearfield reported net sales from continuing operations of $34.3 million for Q1 fiscal 2026, exceeding its guidance range, and a net loss per share from continuing operations of $0.02. Gross margin improved to 33.2% from 29.2% in the prior year quarter.
- The company reiterated its full-year fiscal 2026 net sales guidance of $160 million to $170 million and EPS guidance of $0.48 to $0.62. For Q2 2026, net sales are anticipated to be between $32 million and $35 million, with a net loss per diluted share in the range of $0.02 to $0.10.
- Clearfield completed the sale of its Nestor Cables business on November 12, 2025, and is now fully focused on the Clearfield business segment.
- Following the end of the quarter, Clearfield introduced the Nova Platform, a new modular, high-density fiber system designed for AI, data center, and edge compute networks, with modest near-term revenue expected.
- During Q1 2026, Clearfield repurchased 179,000 shares for $5.2 million. As of December 31, 2025, $23.1 million remained available under the increased share repurchase authorization.
2 days ago
Clearfield Reports Q1 2026 Results, Exceeds Sales Guidance, and Launches Nova Platform
CLFD
Earnings
Product Launch
Guidance Update
- Clearfield reported Q1 2026 net sales from continuing operations of $34.3 million, surpassing its guidance range of $30 million-$33 million, and a net loss per share from continuing operations of $0.02.
- The company reiterated its full-year fiscal 2026 net sales guidance of $160 million-$170 million and earnings per share guidance of $0.48-$0.62 from continuing operations.
- Clearfield introduced the Nova Platform, a new modular, high-density fiber system designed for AI, data center, and edge compute networks, with modest near-term revenue contribution expected.
- Following the divestiture of its Nestor Cables business in November 2025, Clearfield is now fully focused on its core business.
- Clearfield ended the quarter with approximately $157 million in cash and no debt, and had $23.1 million available for additional share repurchases as of December 31, 2025.
2 days ago
Clearfield Reports Q1 Fiscal 2026 Results and Reiterates Full Year Guidance
CLFD
Earnings
Guidance Update
Share Buyback
- Clearfield reported net sales from continuing operations of $34.3 million for Q1 fiscal 2026, a 16% increase year-over-year, exceeding its guidance range of $30 million to $33 million.
- The company's gross margin from continuing operations improved by 4 percentage points to 33.2% in Q1 fiscal 2026.
- Clearfield reiterated its full year fiscal 2026 guidance, expecting net sales from continuing operations in the range of $160 million to $170 million and EPS of $0.48 to $0.62.
- During the quarter, Clearfield repurchased $5.2 million in shares, with $23.1 million remaining available for repurchases as of December 31, 2025.
- Clearfield introduced its NOVA™ Platform, designed to optimize scalability and installation simplicity for high-density fiber connectivity.
2 days ago
Clearfield Reports First Quarter Fiscal 2026 Results
CLFD
Earnings
Guidance Update
Share Buyback
- Clearfield reported net sales from continuing operations of $34.3 million for Q1 fiscal 2026, representing a 16% increase year-over-year, and its gross margin from continuing operations improved by 4 percentage points to 33.2%. The consolidated net loss per diluted share was $(0.04).
- The company reiterated its full year fiscal 2026 guidance, expecting net sales from continuing operations in the range of $160 million to $170 million and EPS of $0.48 to $0.62. For Q2 fiscal 2026, net sales are anticipated to be between $32 million and $35 million, with a net loss per diluted share in the range of $0.02 to $0.10.
- Clearfield repurchased approximately $5.2 million in shares during Q1 fiscal 2026, with $23.1 million remaining available for additional repurchases as of December 31, 2025.
- The company introduced its NOVA™ Platform, designed to optimize scalability and installation simplicity for high-density fiber connectivity.
2 days ago
Clearfield Discusses BEAD Program Impact, Margin Improvements, Nestor Divestiture, and Capital Allocation
CLFD
Demand Weakening
M&A
Share Buyback
- Clearfield's community broadband revenue was soft in Q4 due to delays in the $42 billion BEAD program, and the company has not included any BEAD dollars in its 2026 forecast, though business flow is estimated to start later in 2026.
- The company experienced gross margin improvement from 2024 to fiscal 2025, driven by 20% sales growth and improved inventory utilization.
- Clearfield divested Nestor last quarter, an organization that had been losing money, to improve profitability and focus on strategic growth pillars, including expanding into edge computing and adjacent markets.
- Clearfield maintains a strong balance sheet with no debt and approximately $160 million in cash, with plans for internal growth, a share buyback program, and selective M&A.
Jan 13, 2026, 2:30 PM
Clearfield Discusses BEAD Program, New AI/Edge Compute Products, and Nestor Divestiture
CLFD
New Projects/Investments
Demand Weakening
M&A
- Clearfield's community broadband revenue was soft in Q4 and is expected to remain soft, as the company does not include any BEAD program dollars in its 2026 forecast due to delays in fund disbursement.
- The company is launching a new product category focused on high-density cassettes to support AI and edge compute applications, leveraging its customer base in rural America.
- Clearfield recently divested Nestor, a supplier it had acquired, to improve profitability and align with its strategic growth pillars, as Nestor was losing money and the European market entry was not opportune.
- Clearfield maintains a strong balance sheet with no debt and approximately $160 million in cash, and has $28 million available for share buybacks at year-end, positioning it for strategic M&A opportunities.
Jan 13, 2026, 2:30 PM
Clearfield Discusses Fiscal 2025 Performance, Strategic Divestiture, and Future Growth Initiatives
CLFD
Revenue Acceleration/Inflection
New Projects/Investments
M&A
- Clearfield experienced strong performance in its MSO and large regional sectors in fiscal 2025, attributing success to its scalable product line and high-touch sales model, with the MSO business identified as having a long runway for growth.
- The community broadband sector was soft in Q4 FY2025 due to customers adopting a wait-and-see approach regarding the $42 billion BEAD program, which is not included in Clearfield's 2026 forecast but is anticipated to see business flow later in 2026.
- Gross margins improved from FY2024 to the mid-30s% in FY2025, driven by 20% sales growth and enhanced inventory utilization.
- Clearfield divested Nestor last quarter, a strategic move expected to improve profitability from continuing operations and align with its growth pillars, enabling increased investment in new markets such as edge computing and wireless.
- The company plans to announce a new high-density cassette product category soon, designed to support edge compute and AI applications by allowing customers to move compute power to the edge.
Jan 13, 2026, 2:30 PM
Clearfield Reports Q4 and Full-Year 2025 Results, Divests Nestor Cables, and Provides FY2026 Outlook
CLFD
Earnings
M&A
Guidance Update
- Clearfield reported Q4 2025 net sales from continuing operations of $41.1 million, a 13% increase year-over-year, and full-year net sales of $150.1 million, up 20% from fiscal year 2024. Net income per share from continuing operations was $0.13 for Q4 and $0.45 for the full fiscal year.
- The company divested its Nestor Cables business on November 12, 2025, classifying it as discontinued operations, which resulted in a $10.4 million non-cash write-down in Q4. This move allows Clearfield to redeploy resources towards its core North American operations and improve its long-term margin profile.
- For fiscal year 2026, Clearfield expects net sales from continuing operations to be in the range of $160 million to $170 million and earnings per share between $0.48 and $0.62. The company anticipates Q1 2026 net sales of $30 million to $33 million and a net loss per share of $0.08 to break-even, partly due to pressure from BEAD program delays and a government shutdown.
- Clearfield plans to launch a complete line of splice cases in Q1 calendar 2026 and a next-generation fiber management cassette optimized for non-hyperscale data centers, with these new products expected to contribute more significantly to revenue in 2027.
Nov 25, 2025, 1:30 PM
Clearfield Announces Q4 and Fiscal Year 2025 Results and Fiscal Year 2026 Outlook
CLFD
Earnings
Guidance Update
Share Buyback
- Clearfield reported Q4 2025 net sales of $41.1 million, a 13% increase from the prior year's fourth quarter, contributing to fiscal year 2025 net sales of $150.1 million, up 20% from fiscal 2024.
- For fiscal year 2025, the company achieved a gross profit margin of 33.7% and net income per share of $0.49, a significant improvement from a net loss per share of $(0.58) in fiscal 2024.
- The company maintains a strong balance sheet with $166 million in cash, short-term and long-term investments as of September 30, 2025, and repurchased $16.5 million in shares during fiscal year 2025, with $28.4 million remaining under its expanded buyback authorization.
- Clearfield forecasts fiscal year 2026 annual net sales between $160 million and $170 million and annual net income per share between $0.48 and $0.62.
Nov 25, 2025, 1:30 PM
Quarterly earnings call transcripts for Clearfield.
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