Clearfield Q3 profit beats expectations, raises fiscal revenue guidance

Clearfield

06/08/2025 21:08

Overview

Clearfield fiscal Q3 net sales rise 2% to $49.9 mln, beating expectations, per LSEG data

Net income per share of $0.11 beats analyst estimates

Co raises full-year fiscal 2025 revenue guidance to $180-184 mln

Outlook

Clearfield raises fiscal 2025 revenue guidance to $180 mln-$184 mln

Company expects Q4 net sales between $47 mln and $51 mln

Clearfield forecasts Q4 net income per share of $0.03-$0.11

Company says tariffs unlikely to materially impact results

Result Drivers

CUSTOMER DEMAND - Strong demand in Large Regional Service Provider and MSO markets drove net sales growth, per CEO Cheri Beranek

OVERHEAD ABSORPTION - Improved overhead absorption and recoveries of excess inventory supported top and bottom-line performance, per CFO Dan Herzog

GROSS MARGIN INCREASE - Higher volumes and cost reduction initiatives led to increased gross margin

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$49.90 mln
$47.60 mln (4 Analysts)
Q3 EPS
Beat
$0.11
$0.05 (4 Analysts)
Q3 Net Income
Beat
$1.60 mln
$704,000 (4 Analysts)
Q3 Income from Operations
Beat
$1.50 mln
-$1.32 mln (4 Analysts)
Q3 Gross Profit
$15.20 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the communications & networking peer group is "buy"

Wall Street's median 12-month price target for Clearfield Inc is $45.00, about 2.4% above its August 5 closing price of $43.94

Press Release: ID:nGNX906KPl

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)