Clearfield, Inc. reported earnings results for the first quarter ended December 31, 2021. For the first quarter, the company reported sales was USD 51.11 million compared to USD 27.09 million a year ago. Net income was USD 10.39 million compared to USD 3.16 million a year ago.

Basic earnings per share from continuing operations was USD 0.76 compared to USD 0.23 a year ago. Diluted earnings per share from continuing operations was USD 0.75 compared to USD 0.23 a year ago.