Clearfield Reports Q1 Loss, Provides Guidance

BROOKLYN PARK, Minn. -- Clearfield Inc. (CLFD) reported a first-quarter loss of $1.9 million, or 13 cents per share.

Revenue for the quarter was $35.5 million.

For the current quarter ending in March, Clearfield expects revenue in the range of $37 million to $40 million.

The company expects full-year revenue in the range of $170 million to $185 million.