Clearfield reported fiscal 2026 net sales of $151.9 million, a 32.0% gross margin, and a 75% increase in sales order backlog to $43.3 million. It began shipping a $22 million data center order. The company expects fiscal 2027 revenue of $195 million to $205 million, representing growth of more than 30%, driven by data center ramps and advancing BEAD deployments. Quarterly revenue was $39.3 million, $1.08 million below expectations, while GAAP EPS was $0.00, missing estimates by $0.05.
The company is counting on an expected gradual recovery in broadband demand and growth in data-center business, as its backlog rose 75% over the year.
Read the full storyClearfield issued forward-looking financial guidance after reporting break-even Q4 earnings that missed analyst estimates by a margin of $0.14.
The company achieved a 75% increase in sales backlog to $43.3 million, driven by robust demand for fiber connectivity and data center expansion.