Clearfield Inc. Stock
Clearfield Inc. Stock
Clearfield is a publicly traded company listed on NASDAQ under the symbol CLFD. The company specializes in fiber optic management and connectivity solutions. Their products and services help network operators to reduce the cost and complexity of deploying and managing fiber optic networks. With a customer base consisting of broadband service providers, utilities, and enterprise customers, Clearfield has experienced steady growth in revenue and profitability in recent years. The company is headquartered in Minnesota and has operations throughout North America.
Pros and Cons of Clearfield Inc. in the next few years
Pros
Cons
Performance of Clearfield Inc. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Clearfield Inc. | 3.410% | 2.109% | -1.989% | -29.771% | 3.371% | -7.383% | 116.539% |
| ADTRAN Holdings Inc. | 5.840% | -0.443% | -13.766% | -47.359% | -37.540% | - | - |
| Extreme Networks | -1.270% | 0.995% | 2.599% | -30.075% | -34.258% | 12.566% | - |
| DZS Inc. | -8.000% | -2.913% | -18.033% | -84.496% | -39.024% | -91.736% | -90.215% |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon first glance at Clearfield Inc's (CLFD) financials, it appears that the company has shown significant growth in recent years, particularly in terms of its total assets and revenue. This communications and networking company has demonstrated improved performance across various financial aspects, making the investment case interesting.
*Pros: *
Increase in Total Assets: Clearfield's total assets have grown considerably over the past couple of years. The total assets grew from $95,297,430 in 2020 to $229,127,000 in 2022, and further to $351,797,000 as of December 31, 2022. This continuous increase in assets showcases the company's capacity to expand its operations.
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