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Clearfield Reports Record Fiscal Third Quarter and Nine Month 2021 Financial Results

Clearfield Reports Record Fiscal Third Quarter and Nine Month 2021 Financial Results
49% Increase in Net Sales, Driven by 64% Growth in Community Broadband Revenue Compared to the Same Year-Ago Quarter. Company Backlog Increased 377% to Record $40.3 Million at Quarter End Compared to the Same Year-ago Quarter End and 110% Compared to March 31, 2021
Continued Execution on Operational Effectiveness Initiatives and Favorable Product Mix Produces 44.2% Quarterly Gross Profit Margin for Q3 FY2021
Net Income for Q3 2021 Increased 104% to $6.1 Million, or $0.44 per diluted share, an Improvement from $3.0 Million, or $0.22 per diluted share, in the Same Year-ago Quarter
Company Raises Fiscal 2021 Net Sales Guidance to $130 Million to $135 Million, Representing 42% Year-over-Year Growth at the Midpoint ....

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Clearfield CEO on wading out of the mire of middle management

The old adage that s it s lonely at the top is all too real for women in C-level positions. Women CEOs lead 167 of the top 3,000 companies in the US, according to a WSJ article from last February. While that number is double what it was in 2010, women still hold under 6% of CEO positions in those top companies.
In part two of this Mentor Spotlight series, Light Reading s Women in Comms caught up with Clearfield President and CEO Cheri Beranek to discuss how far the needle is moving for women in telecom that are interested in historically male-dominated roles not only in the C-suite, but also in technical field positions. In addition, Beranek shares her advice for women interested in developing new skillsets, and how to manage work and family life during a pandemic. ....

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