Brief: Clearfield Posts Q1 Earnings Per Share $0.23

Clearfield

28/01/2021 21:21

Jan 28 (Reuters) - Clearfield Inc  CLFD.O :
    * CLEARFIELD REPORTS FISCAL FIRST QUARTER 2021 RESULTS
    * Q1 EARNINGS PER SHARE $0.23
    * Q1 REVENUE ROSE 40 PERCENT TO $27.1 MILLION
    * CONFIDENT DEMAND FOR FIBER-FED BROADBAND WILL CONTINUE
THROUGHOUT FISCAL 2021 AND BEYOND
    * ANTICIPATE Q2 TO BE CONSISTENT WITH TRADITIONAL
SEASONALITY OF
REVENUE BEING SLIGHTLY DOWN ON A SEQUENTIAL BASIS
    * COMPANY BACKLOG INCREASED 55% TO $8.9 MILLION AT QUARTER
END

Source text for Eikon:  ID:nGNX5X7RJd 
Further company coverage:  CLFD.O 

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