AP NEWS

Clearfield: Fiscal 4Q Earnings Snapshot

November 8, 2018

BROOKLYN PARK, Minn. (AP) _ Clearfield Inc. (CLFD) on Thursday reported fiscal fourth-quarter net income of $1.9 million.

The Brooklyn Park, Minnesota-based company said it had profit of 14 cents per share.

The maker of fiber optic management products posted revenue of $22.5 million in the period.

For the year, the company reported profit of $4.3 million, or 32 cents per share. Revenue was reported as $77.7 million.

Clearfield shares have risen almost 2 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $12.47, a decline of 12 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLFD at https://www.zacks.com/ap/CLFD

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