Welcome to our dedicated page for Clearfield news (Ticker: $CLFD), a resource for investors and traders seeking the latest updates and insights on Clearfield stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Clearfield's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Clearfield's position in the market.
Clearfield, Inc. (NASDAQ: CLFD) reported second-quarter 2024 results with revenue of $36.9 million, above the high end of guidance, and a net loss per share of $(0.40). The backlog increased sequentially, driven by strength in Community Broadband. The Board of Directors authorized a share repurchase program increase from $40 million to $65 million.
Clearfield, Inc. (CLFD) will participate in the Needham Technology, Media, & Consumer Conference on May 14, 2024, in New York City. The President and CEO, Cheri Beranek, along with the CFO, Dan Herzog, will present at 9:30 a.m. Eastern time. A webcast and replay of the presentation will be available.