Education
About Us
Working with TipRanks
Follow Us
Clearfield (CLFD)
NASDAQ:CLFD
Earnings Data
Report Date
Apr 23, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.02Last Year’s EPS
0.09Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a generally positive operational and financial tone: revenue beat guidance (+16% YoY), gross margin improved notably (+4.0 percentage points), the balance sheet is strong ($157M cash and no debt), and management reiterated full‑year guidance while executing strategic investments (Nova launch, expanded sales organization, share repurchases). Offsetting items include a persistent small net loss per share, a meaningful increase in operating expenses (~23%), supply chain risks tied to BABA‑compliant fiber that could delay BEAD‑driven revenue, and softness/lumpiness in the cable segment. Overall, the positive revenue/margin performance, cash position and strategic initiatives outweigh the near‑term challenges, but risks around supply chain and elevated operating investments warrant monitoring.Company Guidance
Revenue Beat and Year‑over‑Year Growth
First‑quarter net sales from continuing operations were $34.3 million, above guidance of $30.0–$33.0 million and up 16% year‑over‑year from $29.7 million.
Improved Gross Margin
Gross margin increased to 33.2% from 29.2% in the prior year quarter, an improvement of 4.0 percentage points driven by improved overhead absorption and better inventory utilization.
Strong Balance Sheet and Capital Returns
Ended the quarter with approximately $157 million in cash, short‑term and long‑term investments and no debt. The company repurchased $5.2 million of stock (179,000 shares) during the quarter; board increased repurchase authorization to $85 million with $23.1 million remaining as of December 31, 2025.
Reduced Loss from Discontinued Operations
Net loss from discontinued operations improved to $340,000 ($0.02 per share) versus $1.6 million ($0.11 per share) in the prior year period — a reduction of $1.26 million (approximately 78.8%).
Strategic Product Launch — Nova Platform
Introduced the Nova modular, high‑density fiber platform targeted at community broadband customers expanding into data center/edge environments; near‑term revenue expected to be modest but the platform is positioned for multi‑year strategic growth across adjacent markets.
Reiterated Full‑Year Guidance
Reaffirmed fiscal 2026 net sales guidance of $160 million to $170 million and earnings per share from continuing operations of $0.48 to $0.62, reflecting management's confidence in demand across community broadband, regional and MSO customers.
Customer & Market Momentum (BEAD Planning)
Management reported increased planning, network design and vendor activity around BEAD with 319 providers tentatively slated; expects modest BEAD revenue in fiscal 2026 but views BEAD as a positive contributor beyond 2026 pending funding and supply considerations.
CLFD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CLFD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 04, 2026 | $30.47 | $29.08 | -4.56% |
Nov 25, 2025 | $29.38 | $28.03 | -4.59% |
Aug 06, 2025 | $44.14 | $33.26 | -24.65% |
May 08, 2025 | $31.82 | $34.31 | +7.83% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Clearfield (CLFD) report earnings?
Clearfield (CLFD) is schdueled to report earning on Apr 23, 2026, TBA (Confirmed).
What is Clearfield (CLFD) earnings time?
Clearfield (CLFD) earnings time is at Apr 23, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CLFD EPS forecast?
CLFD EPS forecast for the fiscal quarter 2026 (Q2) is -0.02.
