Clearfield Reports Record Fiscal Third Quarter 2022 Results

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Clearfield (CLFD) PT Raised to $110 at Needham & Company

July 29, 2022 7:45 AM EDT

Needham & Company analyst Ryan Koontz raised the price target on Clearfield (NASDAQ: CLFD) to $110.00 (from $92.00) while maintaining a Buy rating.

The analyst commented, "CLFD improved on perfection with another spectacular Q of revenue/EPS +31%/+$0.26 ahead of consensus. Revenue grew... More

Clearfield, Inc. (CLFD) Tops Q2 EPS by 26c

July 28, 2022 4:03 PM EDT

Clearfield, Inc. (NASDAQ: CLFD) reported Q2 EPS of $0.92, $0.26 better than the analyst estimate of $0.66. Revenue for the quarter came in at $71.3 million versus the consensus estimate of $54.57 million.

GUIDANCE:

Clearfield, Inc. sees FY2022 revenue of $243-247 million, versus the consensus of... More