Clearfield sees Q4 EPS (22c)-(17c), consensus (25c)

Sees Q4 revenue $40M-$43M, consensus $43.1M. The company said, “At this time and after considering the expected impacts of seasonality and the current state of the industry, the Company expects net sales for the fourth quarter of fiscal 2024 to be in the range of $40 million to $43 million and net loss per share to be in the range of $0.17 to $0.22. This loss per share range is based on the number of shares outstanding at the end of the third quarter and does not reflect potential share repurchases completed in the fourth quarter.”