Clearfield, Inc. reported fiscal 2026 net sales of $151.9 million with a gross margin of 32.0% and net income per diluted share of $0.16. The company saw a 75% increase in sales order backlog to $43.3 million and began shipments on a $22 million data center order, signaling growth in its data center business. For fiscal 2027, Clearfield expects revenue between $195 million and $205 million, representing over 30% growth, driven by recovery in broadband demand and expansion in data center markets. CEO Cheri Beranek announced plans to retire in March 2027, with confidence in the company's future growth under new leadership.
Clearfield's fiscal 2026 results provide context for readers interested in technology companies. For those following the Technology sector on Pluang, as of Nov 11, 2026 04:02 WIB, out of 150 priced US stocks, 60 rose and 89 fell. Notable movers include QUBT at USD 6.25 with a 1-day change of -8.89% and a typical hold time of 30 days, ATOM at USD 2.91 down 8.49% with an 18-day hold time, and VNET at USD 3.00 down 8.40% with a 17-day hold time. Pluang order activity showed heavy selling pressure on these names, especially VNET with 100% sell orders.
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