Clearfield shared its fourth-quarter results for 2026, showing a small rise in sales compared to last year.

Nov 10, 2026, 5:53 PM ETResultsRead the original at Benzinga

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Clearfield expects sales to rise 30% in fiscal 2027 as broadband demand recovers and data-center sales expand. Fiscal 2026 sales barely rose, fourth-quarter sales fell 4%, and higher material costs cut margins, but new orders and the forecast point upward.

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Clearfield can sell its fiber products into data centers, and it reports significant initial orders. A gradual broadband recovery offers another source of sales growth. Its cash and debt-free balance sheet also leave room to invest. Still, fourth-quarter sales fell, and higher material costs cut gross profit margin. CEO Cheryl Beranek plans to retire in March 2027, with a smooth handoff planned. The expected sales rise and data-center orders outweigh these current setbacks.

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