Recap: Clearfield Q3 Earnings - Clearfield (NASDAQ:CLFD)

Clearfield CLFD reported its Q3 earnings results on Thursday, July 28, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Clearfield beat estimated earnings by 39.39%, reporting an EPS of $0.92 versus an estimate of $0.66.

Revenue was up $32.52 million from the same period last year.

Last quarter the company beat on EPS by $0.16 which was followed by a 0.5% increase in the share price the next day.

Here's a look at Clearfield's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.50	0.44	0.39	0.30
EPS Actual	0.66	0.75	0.53	0.44
Revenue Estimate	44.10M	41.27M	38.25M	32.10M
Revenue Actual	53.49M	51.11M	45.24M	38.73M

To track all earnings releases for Clearfield visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.