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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 ....
Operator Good afternoon. Welcome to Clearfield s fiscal third-quarter 2021 earnings conference call. My name is Victor, and I ll be your operator for this afternoon. Joining us for today s presentation are the company s president and CEO, Cheri Beranek; and CFO, Dan Herzog. Following their commentary, we will open the call for questions. I would now like to remind everyone that this call will be recorded and made available for replay via a link in the investor relations section of the company s website. This call is also being webcasted and accompanied by a PowerPoint presentation called the FieldReport, which is also available in the investor relations section of the company s website. Please note, during this call, management will be making forward-looking statements regarding future events and the future financial performance of the company. ....
Clearfield Sets Fiscal Third Quarter 2021 Earnings Call for Thursday, July 22, 2021 at 5:00 p.m. ET benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Operator Good afternoon. Welcome to Clearfield s fiscal second-quarter 2021 earnings conference call. My name is Paul, and I will be your operator this afternoon. Joining us for today s presentation are the company s president and CEO, Cheri Beranek; and CFO, Dan Herzog. [Operator instructions] I would now like to remind everyone that this call will be recorded and made available for replay via a link in the investor relations section of the company website. This call is also being webcasted and accompanied by a PowerPoint presentation called the FieldReport, which is also available in the investor relations section of the company s website. Please note that during this call, management will be making forward-looking statements regarding future events and the future financial performance of the company. These forward-looking statements are subject to risks and uncertainties and that could cause actual results to differ materially from those in the forward-looking statement ....
Operator Good afternoon. Welcome to Clearfield s fiscal first-quarter 2021 earnings conference call. My name is Somaly, and I will be your operator this afternoon. Joining us for today s presentation are the company s president and CEO, Cheri Beranek; and CFO, Dan Herzog. Following their commentary, we will open the call for questions. I would now like to remind everyone that this call will be recorded and made available for replay via a link in the Investor Relations section of the company s website. This call is also being webcast and accompanied by a PowerPoint presentation called the FieldReport, which is also available in the Investor Relations section of the company s website. Please note that during the course of this call, management will be making forward-looking statements regarding future events and the future financial performance of the company. ....