Clearfield (CLFD) Reports Q2 Loss, Tops Revenue Estimates
- Clearfield reported a quarterly loss of $0.40 per share, beating estimates by 24.53% - Revenues were $36.91 million, exceeding estimates by 18.30%, but lower than the previous year. - The company has surpassed EPS and revenue estimates four times over the last four quarters. - Clearfield's future stock movement will depend on earnings outlook and estimate revisions. - The Zacks Rank has named Clearfield a #2 (Buy) with favorable estimate revisions. Price Impact Rating: Bullish Impact Horizon Rating: Short-term Type: Corporate Developments
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