Clearfield, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended December 31, 2011
January 26, 2012 at 08:00 am
Share
Clearfield, Inc. reported unaudited consolidated earnings results for the first quarter ended December 31, 2011. For the quarter, the company reported income from operations of $1,021,168, income before income taxes of $1,048,350 and net income of $999,599 or $0.08 per diluted share on revenue of $9,165,201 compared to income from operations of $506,634, income before income taxes of $536,642 and net income of $501,158 or $0.04 per diluted share on revenue of $7,246,669 a year ago.
Clearfield, Inc. designs, manufactures and distributes fiber protection, fiber management and fiber delivery solutions to enable fiber-fed deployment throughout the broadband service provider space primarily across North America. It has two segments: the Clearfield Operating (Clearfield) and the Nestor Cables Operating (Nestor). Clearfield segment is focused on providing fiber management, fiber protection and fiber delivery products that accelerate the turn-up of fiber-based networks in residential homes, businesses and network infrastructure on the wireline and wireless access network. It offers a portfolio of fiber products that allow service providers to build fiber networks faster, meet service delivery demands, and align build costs with take rates. Nestor segment manufactures fiber optic and copper telecommunication cables and equipment, which it distributes to telecommunication operators, network owners, electric companies, building contractors and industrial companies.
CLEARFIELD, INC. 
