Quarterly ResultAug 5, 2026, 04:03 PM
Clearfield Q3 Net Sales $43.9M, EPS $0.22; Secures $22M Order
AI Summary
Clearfield, Inc. reported fiscal Q3 2026 results with net sales from continuing operations increasing 13% to $43.9 million and diluted EPS from continuing operations rising 38% to $0.22. The company also announced a significant $22 million order for a hyperscale data center project received shortly after the quarter ended, with shipments expected in early fiscal 2027. Despite the positive Q3 performance and new order, Clearfield reduced its fiscal 2026 outlook for net sales to $151-$155 million and EPS to $0.14-$0.21, citing industry demand constraints. The company repurchased $0.9 million in shares, with $15.0 million remaining.
Key Highlights
- Received $22 million order for hyperscale data center project post-quarter.
- Q3 net sales from continuing operations increased 13% to $43.9 million.
- Q3 diluted EPS from continuing operations rose 38% to $0.22.
- Gross profit margin from continuing operations was 31.8%, down from 35.3%.
- Repurchased $0.9 million in shares; $15.0 million remains authorized.
- Reduced fiscal 2026 net sales outlook to $151-$155 million.
- Reduced fiscal 2026 EPS outlook to $0.14-$0.21.
Price Impact
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