CLFD News & Events

Clearfield announced that Caribbean Cellular Telephone and BVI Cable TV have rebuilt a large portion of the British Virgin Islands' communications networks using Clearfield's modular, pre-connectorized fiber technologies. According to CCT, these solutions cut deployment times in half while dramatically improving restoration speed after hurricanes. Following the devastation of two Category 5 hurricanes in 2017, CCT rebuilt with a different priority: not just how fast it can be deployed, but how quickly it could be restored when the next storm hits. Today, the operator serves roughly one-third of households and numerous businesses across the territory using a fiber network built on Clearfield solutions. In the British Virgin Islands, storms, heavy rainfall, and difficult terrain make traditional fiber deployment and repair slow and resource intensive. After the hurricanes destroyed CCT's cable infrastructure, the company faced long equipment delays from legacy vendors with lead times that stretched from three to nine months, as well as a limited pool of skilled fiber splicers. CCT partnered with Clearfield to take a different approach. Together, the companies designed a fully pre-connectorized, modular outside plant network in a matter of weeks.

The company said, "The Company reiterates its annual revenue guidance for fiscal 2026 in the range of $160 million to $170 million."

Reports Q2 revenue $34.4M, consensus $33.58M. "We are focused on consistent execution while investing in Clearfield's next phase of growth. We continue to see an early engagement in adjacent markets, with a particularly strong reception for bringing our proven outside plant techniques and strategies to datacenter environments," said company President and Chief Executive Officer, Cheri Beranek. "While these opportunities have yet to contribute meaningful revenue, they represent a compelling avenue for future expansion and early indications are encouraging."

Sees Q3 revenue $42M-$46M, consensus $43.73M. The company said, "For the third quarter of fiscal 2026, Clearfield expects net sales to be in the range of $42 million to $46 million and net income per share to be in the range of $0.17 to $0.21. The net income per share ranges are based on the number of shares outstanding at the end of the second quarter of fiscal 2026 and do not reflect potential additional share repurchases completed in fiscal 2026. Our guidance reflects the potential supply chain constraints of optical fiber mentioned in last quarter's letter to shareholders, as well as our current understanding of the impact of the evolving tariff situation, which could contribute to uncertainty in our business and in the macroeconomic environment."