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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.

About Clearfield, Inc.

Clearfield, Inc. (NASDAQ: CLFD) is a leading provider of innovative fiber optic management, protection, and delivery solutions for communication networks. Headquartered in Minneapolis, Minnesota, Clearfield designs and manufactures products that enable efficient and cost-effective fiber deployment for a wide range of applications, including broadband, telecommunications, data centers, and municipal networks. The company’s solutions serve the unique needs of incumbent local exchange carriers (ILECs), competitive local exchange carriers (CLECs), multiple system operators (MSOs), and utility providers.

Core Products and Solutions

Clearfield’s product portfolio is centered around its proprietary platforms, including FieldSmart®, CraftSmart®, and Clearview® Cassette systems. These solutions are designed to streamline fiber deployment and management, reducing costs and labor requirements while ensuring high performance and reliability.

  • FieldSmart® Fiber Management Platform: The only fiber management system built around a single architecture, FieldSmart supports a wide range of configurations, from 1 to 1,728 ports. It is adaptable for inside plant, outside plant, and access network environments, offering scalability and flexibility for network operators.
  • CraftSmart® OSP Enclosure System: A field enclosure system optimized for fiber deployment, CraftSmart provides robust protection for outdoor fiber installations, ensuring durability and reliability in diverse environmental conditions.
  • Clearview® Cassette: A modular and scalable fiber management solution that simplifies network expansion by standardizing components across different deployment scenarios.
  • FiberDeep® Patch Cords: Engineered to deliver industry-leading performance with an insertion loss of just 0.2 dB, FiberDeep ensures superior signal quality and reliability.

Market Position and Competitive Landscape

Clearfield operates in the rapidly growing fiber optic industry, driven by increasing demand for high-speed broadband connectivity and government-backed initiatives like the Broadband Equity, Access, and Deployment (BEAD) program. The company has positioned itself as a key enabler of fiber-to-the-home (FTTH) and fiber-to-the-premises (FTTP) deployments, particularly in underserved rural areas. By focusing on modular, scalable solutions that reduce deployment costs and labor requirements, Clearfield differentiates itself from larger competitors like Corning and CommScope.

Strategic Advantages

Clearfield’s strategic advantages include its innovative product design, dual manufacturing capabilities in the U.S. and Mexico, and compliance with regulations like the Build America Buy America (BABA) Act. These factors enable the company to meet the needs of both domestic and international markets while mitigating supply chain risks. Additionally, Clearfield’s focus on customer-centric solutions, such as its "fiber to anywhere" platform, ensures adaptability across various network architectures and market segments.

Industry Impact and Future Outlook

As broadband adoption continues to accelerate, Clearfield is well-positioned to capitalize on the growing demand for fiber optic infrastructure. The company’s commitment to innovation, cost efficiency, and regulatory compliance makes it a trusted partner for network operators looking to expand their capabilities. With a strong focus on rural broadband expansion and a robust product portfolio, Clearfield is poised to play a significant role in shaping the future of global connectivity.

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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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Clearfield announces the FieldSmart FiberFlex 1700 active cabinet for fiber expansion plans
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FAQ

What is the current stock price of Clearfield (CLFD)?

The current stock price of Clearfield (CLFD) is $28.48 as of March 13, 2025.

What is the market cap of Clearfield (CLFD)?

The market cap of Clearfield (CLFD) is approximately 401.0M.

What does Clearfield, Inc. specialize in?

Clearfield specializes in fiber optic management, protection, and delivery solutions for communication networks.

What are Clearfield’s core products?

Clearfield’s core products include the FieldSmart Fiber Management Platform, CraftSmart OSP Enclosure System, Clearview Cassette, and FiberDeep Patch Cords.

Who are Clearfield’s primary customers?

Clearfield serves ILECs, CLECs, MSOs, utility providers, municipalities, and data centers.

How does Clearfield differentiate itself from competitors?

Clearfield differentiates itself with modular, scalable solutions that reduce deployment costs and labor requirements, along with compliance with U.S. manufacturing standards.

What role does Clearfield play in rural broadband expansion?

Clearfield provides cost-effective solutions that enable efficient fiber deployment in underserved rural areas, supporting government initiatives like BEAD.

What is the Clearview Cassette?

The Clearview Cassette is a modular fiber management solution that standardizes components for scalable network expansion.

What is the significance of FiberDeep Patch Cords?

FiberDeep Patch Cords offer industry-leading performance with an insertion loss of just 0.2 dB, ensuring superior signal quality.

Where are Clearfield’s manufacturing facilities located?

Clearfield has manufacturing facilities in the U.S. and Mexico, providing supply chain resilience and compliance with BABA regulations.

What industries does Clearfield serve?

Clearfield serves the telecommunications, broadband, utility, municipal, enterprise, and data center industries.

How does Clearfield address supply chain challenges?

Clearfield mitigates supply chain risks through dual manufacturing capabilities and long-standing supplier relationships.
Clearfield

Nasdaq:CLFD

CLFD Rankings

CLFD Stock Data

401.00M
11.62M
18.01%
66.02%
7.65%
Communication Equipment
Telephone & Telegraph Apparatus
Link
United States
BROOKLYN PARK