BROOKLYN PARK, Minn. (AP) — BROOKLYN PARK, Minn. (AP) — Clearfield Inc. (CLFD) on Tuesday reported a loss of $9.1 million in its fiscal fourth quarter.
On a per-share basis, the Brooklyn Park, Minnesota-based company said it had a loss of 65 cents. Earnings, adjusted to account for discontinued operations, were 13 cents per share.
The maker of fiber optic management products posted revenue of $41.1 million in the period.
For the year, the company reported a loss of $8.1 million, or 58 cents per share. Revenue was reported as $150.1 million.
For the current quarter ending in December, Clearfield said it expects revenue in the range of $30 million to $33 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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