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Clearfield - CLFD STOCK NEWS

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) delivers fiber optic solutions enabling efficient broadband network deployment worldwide. This news hub provides investors and industry professionals with essential updates on the company’s latest developments in fiber management technology and infrastructure expansion.

Access real-time announcements including earnings reports, product launches, and strategic partnerships. Stay informed about CLFD’s role in advancing rural broadband access, compliance with federal initiatives, and innovations in modular fiber architecture. Our curated news collection simplifies tracking regulatory developments and market trends impacting the telecommunications sector.

Discover updates across key categories: quarterly financial results, new product certifications, manufacturing expansions, and customer deployments. Bookmark this page for streamlined monitoring of CLFD’s progress in addressing global connectivity demands through scalable fiber solutions.

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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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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) will release its Q4 and fiscal year 2023 results on November 9, 2023. A conference call will be held to discuss the financial results. The company's financial results will be available on its website.
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Nasdaq:CLFD

CLFD Rankings

CLFD Stock Data

374.63M
11.62M
17.95%
62.48%
6.93%
Communication Equipment
Telephone & Telegraph Apparatus
Link
United States
BROOKLYN PARK