CLFD / Why Clearfield's Stock Cratered 15.2% Today

MINNEAPOLIS, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced more_horizontal

Clearfield experienced a significant run-up in stock price fueled by strong growth and optimistic guidance, but has since seen a steep decline. Despit more_horizontal

Earlier this summer, President Biden announced that his administration would spend $42 billion through the Broadband Equity Access and Deployment (BEA more_horizontal

Clearfield (CLFD) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earni more_horizontal

Clearfield Inc., a US-based telecommunications company, is expanding into Europe following its successful acquisition of Finnish company, Nestor Cable more_horizontal

Clearfield, Inc. negatively surprised investors with reduced revenue expectations. So, what's next? Clearfield's revenue growth rates have been disapp more_horizontal

I believe the market has overreacted to recent guidance slashes, creating an attractive opportunity for long-term oriented investors. Clearfield's nea more_horizontal

Clearfield (NASDAQ: CLFD ) stock is falling on Friday after the passive connectivity products company released its earnings report for the fiscal seco more_horizontal