Clearfield reports Q2 EPS 9c vs. (40c) last year

Reports Q2 revenue $47.17M, consensus $38.52M. “Our net sales outperformance in the second quarter was driven by strong customer demand across all our Clearfield (CLFD) segment end markets and solid execution, as we converted quoting activity into revenue at a faster pace and higher rate than anticipated,” said Company President and Chief Executive Officer, Cheri Beranek. “Despite the current level of macro uncertainty, we remain confident in our ability to take market share as the industry returns to normalized demand and ordering patterns.”