Clearfield Inc Q4 revenue slips on broadband weakness
CLFD•Clearfield’s fiscal Q4 revenue fell 4% year over year, while full-year revenue rose 1%. It forecast fiscal 2027 revenue of $195 million to $205 million and net income per share of $0.25 to $0.46.
1. Quarterly results
Clearfield’s fiscal Q4 revenue fell 4% year over year, and net income from continuing operations declined. Diluted EPS was $0.00 for Q4 and $0.16 for the full year, both down year over year. Full-year revenue increased 1%.
2. Backlog and shipments
Order backlog rose 75% year over year. Clearfield began shipments against a $22 million data center order. Continued softness in the MSO market partly offset performance, while higher product costs affected gross margin, particularly late in the fiscal year.
3. Fiscal 2027 outlook
Clearfield expects fiscal 2027 revenue of $195 million to $205 million and net income per share of $0.25 to $0.46. It anticipates Q1 2027 revenue of $48 million to $52 million.
