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Clearfield Reports Fiscal First Quarter 2018 Results; Litigation expense masks operating income and EPS gains for the quarter

CLEARFIELD (CLFD)  More Company Research Source: GlobeNewswire
Last clearfield earnings: 1/25 04:05 pm Check Earnings Report
PDF MINNEAPOLIS, Jan. 25, 2018 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ:CLFD), the specialist in fiber management and connectivity platforms for communications providers, reported results for the fiscal first quarter ended December 31, 2017.        Fiscal Q1 2018 Financial Summary (GAAP) (in millions except per share data and percentages)Q1 2018vs. Q1 2017ChangeChange (%) Revenue$   16.9  $  18.3 $  (1.4)-8%       Gross Profit ($)$   7.1  $  7.2 $  (0.1)-1% Gross Profit (%) 42.1% 39.5% 2.6%        Income from Operations$   0.6  $  1.2 $  (0.6)-46% Income Tax (Benefit) Expense$   (0.2)$  0.4 $  (0.6)-155%       Net Income$   0.94  $  0.88  [Read more]

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