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

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

Clearfield Reports Record Fiscal Third Quarter 2022 Results

July 28, 2022 4:02 PM EDT

Revenue For Fiscal Third Quarter Grew 84% Year-over-Year to a Record $71 Million, Driven by 73% Growth in Community Broadband Revenue Compared to the Same Year-Ago PeriodQuarter-End Backlog Increased 16% Sequentially to a Record $157 Million at the End of Fiscal Third Quarter 2022, Compared to $136 Million at the End of Fiscal Second Quarter 2022Net Income For Fiscal Third Quarter 2022 Totaled a Record $12.7 Million, or $0.92 per diluted share, an Increase of 109% from $6.1 Million, or $0.44 Per Diluted Share, in Fiscal Third Quarter 2021Acquisition of Nestor Cables, strategic opportunity to integrate FieldShield cabling, closed July 26,... More