Clearfield, Inc. reported net sales from continuing operations of $34.3 million for the first quarter of fiscal 2026, a 16% increase year-over-year. Gross margin from continuing operations improved to 33.2%, up 4 percentage points. The company also introduced its NOVA™ Platform and reiterated its full-year fiscal 2026 guidance.

Clearfield delivered a strong fourth quarter in fiscal 2025, with net sales from continuing operations increasing by 13% year-over-year to $41.1 million and gross profit margin improving by eight percentage points to 34.6%. The company also reported a net income of $1.8 million, or $0.13 per diluted share, a significant turnaround from a net loss in the prior year period. This performance was primarily driven by increased penetration in the MSO and Large Regional Service Provider markets and improved production efficiency.

Clearfield delivered a strong fiscal third quarter of 2025, with net sales increasing by 2% year-over-year to $49.9 million, primarily driven by robust demand in the Large Regional Service Provider and MSO end markets within its Clearfield segment. The company achieved substantial improvements in profitability, with gross profit surging by 42% and net income by 459%, reflecting better overhead absorption and inventory recoveries. Diluted EPS was $0.11, exceeding guidance. Clearfield also increased its full-year fiscal 2025 revenue guidance.

Clearfield reported net sales of $47.2 million for the second quarter of fiscal 2025, a 28% increase year-over-year, driven by strong demand in the Clearfield segment. The company returned to profitability with net income of $1.3 million, or $0.09 per diluted share, compared to a net loss in the prior year quarter. Gross profit significantly improved to $14.2 million.

Clearfield's first quarter of fiscal 2025 saw net sales increase by 4% year-over-year to $35.5 million, aligning with guidance. The company significantly reduced its net loss to $1.9 million, or $(0.13) per diluted share, driven by lower inventory charges and reduced SG&A spend. Gross profit margin improved to 23.1%.

Clearfield reported a decrease in net sales for the fourth quarter of fiscal year 2024, with a net loss recorded. The company's performance was influenced by stronger sales in specific markets and increased operating expenses.

Clearfield reported a decrease in net sales to $48.8 million, a net loss of $0.4 million, and a gross margin of 21.9% for Q3 2024. The company repurchased $5.5 million in shares and is focusing on customer retention and multi-year supply agreements.

Clearfield reported a decrease in net sales by 48.6% to $36.9 million compared to the same quarter last year. The company experienced a net loss of $5.9 million, or ($0.40) per diluted share, contrasting with a net income of $10.4 million, or $0.67 per diluted share, in the year-ago quarter. Despite these challenges, backlog increased by 8.6% compared to the previous quarter, and the company repurchased $15.5 million in shares, increasing the buyback authorization to $65 million.

Clearfield reported a significant decrease in net sales for the first quarter of fiscal year 2024, falling to $34.2 million from $85.9 million in the same quarter last year. The company experienced a net loss of $5.3 million, or $0.35 per diluted share, compared to a net income of $14.3 million, or $1.00 per diluted share, in the prior year. The results were impacted by industry-wide inventory overhang and reduced demand.

Clearfield reported a decrease in net sales for the fourth quarter of fiscal year 2023, with a significant drop in organic revenue. The company's gross margin also decreased due to excess production capacity and the inclusion of Nestor Cables. Despite these challenges, Clearfield maintains a solid financial position and focuses on a return to revenue growth when industry ordering patterns normalize.

Clearfield reported a decrease in net sales by 14% to $61.3 million and a decrease in net income to $5.2 million, or $0.33 per diluted share, compared to the same quarter last year. The company is reiterating its fiscal year 2023 revenue guidance of $260 to $275 million and raising its net income per share guidance to $2.05 to $2.15.

Clearfield reported a 34% increase in net sales to $71.8 million for Q2 2023. However, the company is experiencing a lull in demand due to customer inventory digestion, leading to a revised full-year revenue guidance of $260 to $275 million and net income per share guidance of $1.80 to $2.10.

Clearfield reported strong Q1 2023 results with a 68% increase in net sales to $86 million, including an $8 million contribution from Nestor Cables. The company is reiterating its fiscal year 2023 revenue guidance of $380 million to $393 million and introducing net income guidance of $4.30 to $4.50 per share.

Clearfield reported a phenomenal Q4 with record-setting financial performance. Total net sales for the fourth quarter were $95 million, including a $7 million contribution from Nestor Cables. The company also set a new record for annual results in fiscal year 2022, with total net sales of $271 million.

Clearfield reported record net sales of $71.3 million in Q3 2022, an 84% increase year-over-year, driven by strong demand for high-speed broadband. The company also increased its quarter-end backlog by 16% to a record $157 million and raised its fiscal year 2022 net sales guidance to a range of $243 million to $247 million, representing growth of 72% to 75% over fiscal year 2021.

Clearfield reported record net sales of $53 million for Q2 2022, an 80% increase year-over-year. The company's sales order backlog grew to a record $136 million. Due to this strong performance, Clearfield raised its fiscal year 2022 net sales guidance to a range of $204 million to $218 million.

Clearfield reported record net sales of $51 million, an 89% increase year-over-year, driven by strong growth in the Community Broadband and MSO markets. The company's order backlog grew to a record $101 million. Net income increased 228% to $10.4 million.

Clearfield reported a 66% year-over-year increase in net sales for Q4 2021, reaching $45.2 million, and a record $140.8 million for the full fiscal year. The growth was primarily driven by the Community Broadband market, which increased 64% in Q4. Net income for the quarter increased 144% to $7.4 million.

Clearfield reported a record-setting financial performance in Q3 2021, with net sales up 49% year-over-year to $38.7 million, driven by strong demand for fiber-fed broadband. Gross profit increased by 59% to $17.1 million, and net income reached $6.1 million, or $0.44 per diluted share. The company's backlog grew significantly, and they increased their net sales guidance for fiscal year 2021.

Clearfield reported a strong fiscal second quarter with a 45% increase in net sales to $29.7 million, driven by growth in the Community Broadband and MSO markets. Gross margin improved to 43.6%, and net income reached $3.6 million, or $0.27 per diluted share. The company's backlog increased by 115% to $19.2 million, and they anticipate shipping the majority of it during fiscal Q3.

Clearfield's Q1 2021 revenue reached $27.1 million, a 40% increase year-over-year, driven by strong growth in the Community Broadband and MSO markets. The company achieved a gross profit margin of 42.0%, the highest in over two years, and net income was $3.2 million, or $0.23 per diluted share. The company also secured a near million-dollar order for Home Deployment Kits by an electric Co - op within Community Broadband market.

Clearfield reported a record fourth quarter with revenue reaching $27.3 million, a 14% increase year-over-year. The company's success was driven by solid contributions from the MSO and Community Broadband markets. Net income for the quarter was $3.0 million, or $0.22 per diluted share, and the company ended the year with a record order backlog of $10.7 million.

Clearfield reported a strong fiscal third quarter with record revenue of $26.0 million, up 19% year-over-year, and record gross profit of $10.8 million. Net income was $3.0 million, or $0.22 per diluted share. The company ended the quarter with a robust order backlog of $8.5 million.

Clearfield reported a strong second quarter with revenue of $20.4 million, up 7% year-over-year. Gross profit margin was nearly 40%, the highest level in eight quarters. Order backlog increased 61% sequentially to $9.3 million. Due to economic uncertainties, the company withdrew its fiscal 2020 financial guidance.

Clearfield reported a decrease in revenue for the first quarter of fiscal year 2020, but saw strong contributions from National Carrier and MSO markets. The company's gross profit margin increased due to operating enhancements. They are expanding manufacturing capacity in Mexico to support growth initiatives.