Craft

Clearfield

Stock Price

$37

2024-10-29

Market Capitalization

$532.2 M

2024-10-28

Revenue

$166.7 M

FY, 2024

Clearfield Summary

Company Summary

Overview
Clearfield is a company that designs, manufactures, and distributes fiber optic connectivity and management products. It operates through two main segments: the Clearfield Operating Segment and the Nestor Cables Operating Segment. The Clearfield Operating Segment is focused on providing fiber management, fiber protection, and fiber delivery products that accelerate the turn-up of fiber-based networks in residential homes, businesses, and network infrastructure in the wireline and wireless access network. The Nestor Cables Operating Segment offers fiber optic and copper telecommunication cables and equipment which it distributes to telecommunication operators, network owners, electric companies, building contractors, and industrial companies.
Type
Public
Status
Active
Founded
2008
HQ
Minneapolis, MN, US | view all locations
Website
https://www.seeclearfield.com
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Cheri Beranek

    Cheri Beranek, President, Chief Executive Officer and Director

  • Johnny Hill

    Johnny Hill, Chief Operating Officer

  • Daniel Herzog

    Daniel Herzog, Chief Financial Officer

  • Kevin Morgan

    Kevin Morgan, Chief Marketing Officer

Operating MetricsView all

Backlog

$43.5M
68.1%

Q1, 2024

Markets

4
33.3%

FY, 2023

LocationsView all

2 locations detected

  • Minneapolis, MN HQ

    United States

    7050 Winnetka Ave N

  • Oulu

    Finland

    Mittarikuja 5

Clearfield Financials

Summary Financials

Revenue (Q1, 2025)
$35.5M
Gross profit (Q1, 2025)
$8.2M
Net income (Q1, 2025)
($1.9M)
Cash (Q1, 2025)
$30.5M
EBIT (Q1, 2025)
($4.0M)
Enterprise value
$507.5M

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