The company said, “For the first quarter of fiscal 2026, Clearfield (CLFD) expects net sales from continuing operations to be in the range of $30 million to $33 million, total operating expenses to remain consistent with the fiscal fourth quarter of 2025 and net income per share to be in the range of ($0.08) to $0.00. We do not expect Nestor’s results from discontinued operations through the date of sale to have a significant impact on net income per share in the first quarter and full fiscal year 2026. This outlook reflects our continued commitment to disciplined growth, operational efficiency, and prudent capital allocation. The net income per share ranges are based on the number of shares outstanding at the end of the fourth quarter and do not reflect potential share repurchases completed in fiscal 2026. Clearfield does not believe that tariffs currently in place will materially affect the Company’s operating results.”
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CLFD:
