Clearfield Q1 earnings beat estimates with ($0.40) EPS, revenue at $36.9M, and updated Q3 EPS guidance to ($0.38)-($0.31).
Clearfield (NASDAQ:CLFD) reported Q1 earnings, beating expectations with ($0.40) EPS vs. ($0.53) consensus estimate. Revenue was $36.9M, up from $31.25M analyst estimates. Net margin was 6.00% and return on equity 4.22%. Clearfield's stock price increased during midday trading on Friday, reaching $36.13 after trading volume of 687,406 shares. The company updated its Q3 EPS guidance to ($0.38)-($0.31).
May 03, 2024
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