BROOKLYN PARK, Minn. (AP) — BROOKLYN PARK, Minn. (AP) — Clearfield Inc. (CLFD) on Wednesday reported a loss of $614,000 in its fiscal first quarter.
On a per-share basis, the Brooklyn Park, Minnesota-based company said it had a loss of 4 cents. Losses, adjusted to account for discontinued operations, were 2 cents per share.
The maker of fiber optic management products posted revenue of $34.3 million in the period.
For the current quarter ending in March, Clearfield said it expects revenue in the range of $32 million to $35 million.
The company expects full-year earnings to be 48 cents to 62 cents per share, with revenue ranging from $160 million to $170 million.
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