Previous close | 0.2000 |
Open | 0.2000 |
Bid | 0.0000 |
Ask | 1.1500 |
Strike | 45.00 |
Expiry date | 2024-06-21 |
Day's range | 0.2000 - 0.2000 |
Contract range | N/A |
Volume | |
Open interest | 8 |
Despite a Significant Revenue Drop, Clearfield Outperforms Analyst Projections
Clearfield (CLFD) delivered earnings and revenue surprises of 24.53% and 18.30%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Revenue of $36.9 million and net loss per share of $(0.40) - both above the high end of their respective guidance rangesBacklog increased sequentially driven by strength in Community BroadbandBoard of Directors increased share repurchase program authorization from $40 million to $65 million MINNEAPOLIS, May 02, 2024 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), a leader in fiber connectivity, reported results for the fiscal second quarter 2024. Fiscal Q2 2024 Financial Summary (in million