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.
Clearfield, Inc. (NASDAQ: CLFD) is a manufacturer of fiber optic management, protection, and delivery products used across broadband, data center, and communications network environments. This news page aggregates announcements, press releases, and updates related to Clearfield’s operations, products, strategy, and corporate actions, giving readers a single view into developments affecting the CLFD stock and its role in fiber connectivity.
Visitors can expect news on product launches and platform updates, such as the introduction of the NOVA Platform, a modular, high-density fiber ecosystem for modern data centers, broadband central offices, and distributed network environments. Coverage includes details on new cassettes, patch panels, and related components designed to support higher fiber densities, tool-less installation, and front-of-rack access for technicians.
The feed also highlights operational milestones and adoption metrics, including shipments of solutions like the ClearPass Connector Cleaning Dust Cap, which Clearfield reports has surpassed two million units worldwide. These stories illustrate how broadband providers and other operators use Clearfield’s products to improve installation efficiency, reduce costs, and enhance network performance.
Investors and industry participants will find financial and strategic updates here as well, including quarterly and annual results, commentary on Clearfield’s focus on community broadband and North American markets, divestitures such as the sale of the Nestor Cables business, and Board-authorized share repurchase program changes. Governance and leadership news—such as board appointments, bylaw amendments, and executive leadership transitions—are also covered.
In addition, the page features workforce and community initiatives, including Clearfield’s Tribal Broadband Training Initiative, which provides FOA-accredited fiber technician training to enrolled Tribal members. For anyone tracking the evolution of fiber connectivity, broadband buildouts, and CLFD-related developments, this page offers an organized view of Clearfield’s latest news.
Clearfield (NASDAQ: CLFD) reported Q1 fiscal 2025 results with revenue of $35.5 million, up 4% year-over-year. The company posted a net loss of $(0.13) per diluted share, improving from $(0.35) in the same period last year. Gross margin improved to 23.1% from 13.7%, primarily due to $2.3 million in lower excess inventory charges.
The company's order backlog stood at $26.0 million, up 3.6% from September 2024 but down 40.1% year-over-year. During the quarter, Clearfield repurchased $6.2 million in shares, with $18.7 million remaining for future repurchases. Cash flow from operations was approximately $7.2 million.
Clearfield maintained its fiscal 2025 revenue guidance of $170-185 million and expects Q2 fiscal 2025 revenue between $37-40 million with a projected net loss per share of $(0.16) to $(0.21).
Clearfield (NASDAQ:CLFD) has announced the launch of a comprehensive Distributed Test Access Point (TAP) architecture solution, expanding its portfolio for fiber network providers. This innovation aims to simplify fiber deployment across various environments, including rural areas, urban settings, and multi-dwelling units (MDUs).
The expanded portfolio addresses different deployment scenarios: Rural deployments can benefit from lower up-front material and splicing costs, though with some trade-offs in network upgradability. In urban and MDU environments, shorter fiber lengths mean less impact on optical loss budget, enabling cost savings without compromising signal strength. The Distributed TAP solutions are integrated into OSP access terminals and MDU wall boxes, making them suitable for diverse deployment challenges.
Clearfield (NASDAQ: CLFD) has scheduled its fiscal first quarter 2025 earnings release and conference call for Thursday, February 6, 2025. The company will release its financial results for the quarter ended December 31, 2024, after market close, followed by a conference call at 5:00 p.m. Eastern time (4:00 p.m. Central time).
The earnings report and shareholder letter will be accessible through the company's Investor Relations website section. Investors can participate in the conference call using U.S. dial-in (1-877-407-0792) or International dial-in (1-201-689-8263). An audio replay will be available until February 20, 2025, accessible via U.S. replay dial-in (1-844-512-2921) or International replay dial-in (1-412-317-6671) using Replay ID: 13751115.
Clearfield (NASDAQ: CLFD), a leading provider of community broadband fiber connectivity solutions, has announced its participation in the upcoming Needham Growth Conference. The event will take place at the Lotte New York Palace Hotel in New York City on January 14, 2025.
The company's President and CEO Cheri Beranek, along with CFO Dan Herzog, will engage in a fireside chat presentation scheduled for 10:15 a.m. Eastern time. Interested parties will have access to both a live webcast of the presentation and a replay option.
Clearfield (NASDAQ:CLFD) has launched the StreetSmart® Ready Connect™ Terminal (RCT), a compact fiber terminal designed for pedestal applications. The terminal supports up to eight drop connections and features a removable splice tray that can handle up to 24 loose-tube fibers.
The RCT is optimized for small pedestals, including Clearfield's CraftSmart® FiberFirst™ 6-inch pedestal, offering a discreet solution for rural, suburban, and urban deployments. Key features include a compact design, easy access for maintenance, robust protection with durable materials, and flexible applications supporting both mid-span splicing and drop terminations.
Clearfield reported Q4 2024 financial results with net sales of $46.8 million, down 5.9% year-over-year, and a net loss of $(0.06) per share. The company's full-year 2024 showed net sales of $166.7 million, a 38% decrease from 2023, with a net loss of $(0.85) per share. Despite challenges, Clearfield achieved BABA self-certification from NTIA and generated positive cash flow from operations of $22.2 million for the year. The company provided guidance for fiscal 2025 with expected revenues between $170-185 million, and Q1 2025 revenue guidance of $33-38 million.
Clearfield (NASDAQ: CLFD) has announced the election of Kate Kelly and Ademir Sarcevic to its Board of Directors, effective December 11, 2024. Kelly brings over 30 years of banking industry experience, notably achieving 24% annual revenue growth as Regional President at PNC. Sarcevic, currently CFO at Standex International, has over 20 years of experience in financial transformation and business growth. Kelly will serve on the Audit Committee and Nominating and Corporate Governance Committee, while Sarcevic will join the Audit Committee and Compensation Committee.
Clearfield (NASDAQ: CLFD) has scheduled its fiscal fourth quarter 2024 earnings release for Thursday, November 7, 2024, after market close. The company will host a conference call at 5:00 p.m. Eastern time to discuss financial results with investors. The earnings presentation and financial results will be available on the company's Investor Relations website. A replay of the call will be accessible until November 21, 2024.
Clearfield (NASDAQ:CLFD) announced a strategic leadership transition, appointing Anis Khemakhem as Chief Marketing Officer effective January 1, 2025. Khemakhem, currently Vice President of Global Technology Platforms, will drive marketing strategy and expansion initiatives, particularly focusing on BEAD funding opportunities. Current CMO Kevin Morgan will transition to Executive Advisor to the CEO, maintaining connections with the Fiber Broadband Association and supporting public policy efforts. The transition aims to strengthen Clearfield's market leadership in fiber broadband connectivity solutions and support expansion into new markets.
Clearfield Inc. (NASDAQ: CLFD) reported Q3 fiscal 2024 results with revenue of $48.8 million, exceeding guidance but down 20% year-over-year. The company posted a net loss of $0.04 per share, better than expected. Gross margin improved to 21.9% from 7.7% in Q2, driven by improved production capacity and lower inventory charges. Order backlog decreased to $32.6 million, down 56% from the previous year. Clearfield repurchased $5.5 million in shares, with $24.9 million remaining for future buybacks. The company expects Q4 fiscal 2024 net sales between $40-43 million and a net loss per share of $0.17-$0.22.
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