Clearfield's net sales from continuing operations grew by 20% to $150.1 million in fiscal 2025.
Gross margin improved by over 13 percentage points from 20.6% to 33.7% in fiscal 2025.
Net income from continuing operations per share improved to $0.45 from a net loss per share of $(0.58) in fiscal 2024.
After the divestiture of Nestor Cables, Clearfield expects full-year fiscal 2026 revenue from continuing operations in the range of $160 million to $170 million and EPS of $0.48 to $0.62.
The Board of Directors increased the share repurchase program authorization from $65 million to $85 million.
Revenue Growth
Net sales increased by 20% to $150.1 million in fiscal 2025.
Profit Margin Improvement
Gross margin improved by over 13 percentage points in fiscal 2025.
Future Outlook
Expectations for fiscal 2026 revenue and EPS indicate positive growth and profitability.
Share Repurchase Program
Board authorized an increase in share repurchase program from $65 million to $85 million.
- Clearfield's strategic decision to divest the European Nestor Cables business aimed at refocusing efforts on high-return opportunities in North American markets.
- The financial performance in the fourth quarter showcased revenue growth and improved gross margin, driven by market expansion efforts within the MSO and Large Regional carrier markets.
Clearfield's strong financial performance in fiscal 2025, coupled with strategic decisions to enhance profitability and focus on growth markets, positions the company for a promising fiscal 2026.