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Clearfield Inc - CLFD STOCK NEWS

Welcome to our dedicated news page for Clearfield (Ticker: CLFD), a resource for investors and traders seeking the latest updates and insights on Clearfield.

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.

Rhea-AI Summary
Clearfield, Inc. (NASDAQ: CLFD) has scheduled its fiscal second quarter 2024 earnings call for Thursday, May 2, 2024, following the release of its results for the quarter ended March 31, 2024. The conference call will take place at 5:00 p.m. Eastern time to discuss the financial performance with the investment community. The company will provide an earnings presentation on its website. Details for the call and replay are available for investors. Webcast and replay information are also provided.
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Clearfield, Inc. (CLFD) collaborates with BILT to offer 3D interactive instructions for field installations, aiming to enhance efficiency and reduce errors. The animated guides cater to the tech-savvy workforce, aligning with modern learning preferences. This innovative tool is set to improve installation quality and speed for Clearfield products, benefiting from voice and text guidance in multiple languages.
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Clearfield (CLFD) introduces FiberFlex 600, a versatile active cabinet for expanding fiber networks in FTTH, 5G, and Edge Compute applications. The small form factor offers flexibility for various deployment scenarios, supporting remote OLTs, wireless base stations, and active network equipment with backup power needs.
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Clearfield, Inc. (NASDAQ: CLFD) reported a 60% decrease in net sales and an 85% decrease in gross profit for the fiscal first quarter of 2024 compared to the same quarter in 2023. The company repurchased $12 million in shares under the Share Repurchase Program, leaving $21 million available for future repurchases. Clearfield announced a new product designed to reduce deployment time and lower costs. The company expects to achieve full Build America, Buy America (BABA) Act compliance by the end of calendar 2024.
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Clearfield (NASDAQ:CLFD) introduces the CraftSmart Fiber Protection Vault, a new design that saves shipping costs and eliminates supply chain constraints. The vault offers a 300% improvement in shipping and inventory space, allowing for unassembled and flat-packed shipping, saving up to 67% off freight, transportation, handling, and storage costs. The purpose-built vault is designed to accept Clearfield Passive (PON) and Cross Connect cabinets, offering ordering simplicity for Clearfield Cabinet applications. Orders for the CraftSmart Fiber Protection Vault are now open, with more information available on the data sheet and at www.SeeClearfield.com.
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Clearfield, Inc. (NASDAQ: CLFD) has announced the release of its first quarter ended December 31, 2023 financial results on February 1, 2024, followed by a conference call to discuss the results with the investment community. The company will also provide an earnings presentation on its website. The conference call will be webcast live and available for replay, with an audio replay available until February 15, 2024.
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Clearfield, Inc. (CLFD) to participate in fireside chat at Needham Growth Conference on January 17, 2024
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Clearfield, Inc. (NASDAQ: CLFD) announces an increase in its common stock share repurchase program from $22 million to $40 million, reflecting the Board's confidence in the company's long-term potential. The program allows Clearfield to buy back shares through various methods, aiming to take advantage of what the Board perceives as an undervalued share price.
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Clearfield, Inc. (NASDAQ: CLFD) announced an increase in their share repurchase program authorization from $22 million to $40 million. The company expects to achieve full Build America, Buy America (BABA) Act compliance by the end of calendar 2024. The fiscal Q4 2023 financial summary showed a decrease in net sales by 48% and a decrease in gross profit by 68%. The company's management expressed confidence in the long-term demand for fiber broadband despite ongoing industry challenges.
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1.66%
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Clearfield, Inc. (NASDAQ: CLFD) will participate in a fireside chat at the Needham Virtual Security, Networking, & Communications Conference on November 14, 2023. The company's President and CEO, Cheri Beranek, and CFO, Dan Herzog, will present virtually at 1:30 p.m. Eastern time. A live webcast and replay of the presentation will be available.
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Clearfield Inc

Nasdaq:CLFD

CLFD Rankings

CLFD Stock Data

444.29M
12.37M
16.14%
61.91%
14.44%
Telephone Apparatus Manufacturing
Manufacturing
Link
US
Brooklyn Park

About CLFD

clearfield, inc. sets the standard for fiber performance with fiberdeep, while lowering the cost of broadband deployment with the fieldsmart fiber management platform and the craftsmart osp enclosure system. fieldsmart is the only fiber management platform to be designed around a single architecture – the clearview cassette and xpak— for the inside plant, outside plant and access network. scaling from 1 to 1728 ports, fieldsmart supports a wide range of panel and cabinet configurations, densities, connectors and adapter options, and are offered alongside an assortment of passive optical components. craftsmart is the industry’s only field enclosure system optimized for fiber deployment. fiberdeep is a new class of fiber patch cords that guarantees performance at .2db insertion loss — fully half that of the industry standard. clearfield provides a complete line of fiber and copper assemblies for inside plant, outside plant and access networks. clearfield is a public company traded on nas