Clearfield Q2 FY26 EPS turns to loss of $0.04; net sales fall 15% to $34.4 million
Clearfield, Inc.
Clearfield, Inc. CLFD | 0.00 |
- Clearfield posted fiscal Q2 net sales of USD 34.4 million, down 15%, swinging to a net loss from continuing operations of USD 0.5 million, or USD 0.04 per diluted share.
- Operating loss from continuing operations widened to USD 2.1 million as gross margin slipped 1.9 percentage points to 32.5%.
- Order backlog climbed 39% from Dec. 31, 2025, to USD 31.6 million; share buybacks totaled USD 7.3 million, leaving USD 15.9 million authorized.
- Management cited early engagement in adjacent markets, with a strong reception for applying its outside-plant approach to datacenter environments, though opportunities have yet to contribute meaningful revenue.
- Clearfield reiterated fiscal 2026 net sales guidance of USD 160 million to USD 170 million; fiscal Q3 net sales seen at USD 42 million to USD 46 million, with net income per share of USD 0.17 to USD 0.21.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clearfield Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605061600PRIMZONEFULLFEED9714528) on May 06, 2026, and is solely responsible for the information contained therein.
