NASDAQ$CLFD

Clearfield Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Clearfield reported a 4% increase in net sales and a significant improvement in net loss for the first quarter of fiscal 2025.

Clearfield's first quarter of fiscal 2025 saw net sales increase by 4% year-over-year to $35.5 million, aligning with guidance. The company significantly reduced its net loss to $1.9 million, or $(0.13) per diluted share, driven by lower inventory charges and reduced SG&A spend. Gross profit margin improved to 23.1%.

  • Net sales for Q1 FY25 increased by 4% year-over-year to $35.5 million, meeting guidance expectations.
  • Net loss significantly improved to $1.9 million, or $(0.13) per diluted share, compared to a $5.3 million loss in the prior year.
  • Gross profit margin rose to 23.1% from 13.7% in the prior year, primarily due to reduced non-cash excess inventory charges.
  • Operating expenses decreased to $12.2 million, reflecting successful cost management efforts.

Headline financials

Total Revenue

$35.5M

Previous: $34.2M+3.7%
EPS (adj)

-$0.13

Previous: -$0.35+62.9%
Gross Profit Margin

29.2%

No prior period
Capital Expenditures

-$2.07M

Previous: -$2.41M+14.2%
Net Income

-$1.91M

Previous: -$5.3M+64.0%
Operating Income

-$3.98M

Previous: -$7.81M+49.1%
Gross Profit

$8.18M

Previous: $4.69M+74.6%

Revenue & EPS history

Clearfield · Revenue · Quarterly

$35.5M

Q1 2025+3.7%vs Q1 2024
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

Clearfield reiterates its fiscal 2025 outlook for net sales and provides Q2 FY25 guidance, while actively monitoring potential tariff impacts.

Tailwinds

  • Anticipates fiscal 2025 net sales in the range of $170 million to $185 million.
  • Clearfield segment annual revenue growth expected to be in line with or above industry forecasts of 12.5% for fiscal 2025.
  • Strong quoting activity observed for the build season, indicating continued demand.
  • Q2 FY25 net sales anticipated in the range of $37 million to $40 million.
  • Company is well-positioned to pursue larger customer opportunities and strategic initiatives due to a healthy balance sheet.

Headwinds

  • Nestor segment annual revenue for fiscal 2025 expected to be flat year over year.
  • Anticipates a net loss per share in the range of $(0.16) to $(0.21) for Q2 FY25.
  • Full-year and Q2 FY25 guidance does not account for potential impacts from tariffs due to uncertainty.
  • Ongoing economic challenges and geopolitical tensions in Europe negatively affecting fiber spending.
  • Potential lumpiness in future quarters from the Large Regional Service Provider market due to product mix and deployment shifts.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.6%

Avg return

Earnings day

+3.5%

Avg return

5 days after

+3.8%

Avg return

30 days after

57%

36 / 63 earnings

Positive

+27.5%

Q4 2022

Best reaction

-20.0%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+6.6%+13.3%+6.4%
Q1 2026-4.6%+3.1%-1.5%
Q4 2025-4.9%-0.1%+0.2%
Q2 2025+9.1%+17.8%+22.7%
Q1 2025-5.9%-10.7%-22.4%
Q4 2024-5.7%-8.9%-15.6%
Q3 2024-10.1%-11.8%-14.1%
Q2 2024+16.8%+17.6%+23.7%
Q1 2024+16.9%+14.9%+25.2%
Q4 2023+1.6%+9.4%+15.5%
Q3 2023-12.8%-12.4%-23.1%
Q2 2023-17.0%-13.5%-4.3%
Q1 2023-12.4%-8.5%-13.8%
Q4 2022+27.5%+35.9%+7.1%
Q3 2022+17.1%+23.1%+45.6%
Q2 2022+7.0%+6.2%+13.2%
Q1 2022+16.0%+20.7%+26.1%
Q4 2021+5.9%+7.6%+4.8%
Q3 2021+17.5%+9.4%+16.4%
Q2 2021+23.4%+25.8%+24.9%
Q1 2021-5.9%-4.5%-2.7%
Q4 2020+6.1%+11.2%+10.2%
Q3 2020+24.9%+33.9%+29.6%
Q2 2020-2.0%+3.9%+6.3%
Q1 2020+3.0%+1.6%-13.9%
Q4 2019+4.8%+5.1%+19.3%
Q3 2019-4.2%-6.3%-22.9%
Q2 2019-3.0%-4.2%-7.7%
Q1 2019+1.2%+1.1%+22.5%
Q4 2018+9.7%-3.3%-6.3%
Q3 2018+8.4%+14.1%+18.1%
Q2 2018-3.8%-7.9%-16.5%
Q1 2018+2.1%+2.9%+22.9%
Q4 2017-13.0%-12.6%-7.7%
Q3 2017-13.4%-17.8%-11.6%
Q2 2017-11.3%-12.5%-13.5%
Q1 2017-3.7%-9.0%-13.0%
Q4 2016+4.3%+2.4%+8.7%
Q3 2016+1.7%-1.6%-9.2%
Q2 2016+9.4%
Q1 2016+14.0%
Q4 2015-20.0%
Q3 2015+25.4%
Q2 2015-8.8%
Q1 2015+1.4%
Q4 2014-10.1%
Q3 2014-17.6%
Q2 2014-19.9%
Q1 2014+7.8%
Q4 2013+10.3%
Q3 2013-15.8%
Q2 2013+7.1%
Q1 2013+14.3%
Q4 2012-0.6%
Q3 2012-2.4%
Q2 2012-1.8%
Q1 2011+0.2%
Q1 2012-1.8%
Q4 2011+1.9%
Q2 2011+1.9%
Q4 2010+0.7%
Q3 2011+0.7%
Q2 2010+6.2%

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