![Clearfield, Inc. [CLFD] reports $32,533.0T profit for year ended Sep 30, 2023](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FCLFD.png&w=3840&q=75)
Clearfield, Inc. [CLFD] reports $32,533.0T profit for year ended Sep 30, 2023
The company records $85,279.0T revenue
Clearfield, Inc. [CLFD] has reported $32,533.0T profit for year ended Sep 30, 2023.
The Brooklyn Park, Minnesota based company recorded net profit of $32,533.0T on operating income of $37,287.0T. Earnings per share rose to $15,012,527.0.
In the 12 months ended September 30, 2023, the company reported net sales of $268.7 million, slightly lower than the previous year's net sales of $270.9 million. The cost of sales for the current reporting period was $183.4 million, an increase from the previous year's cost of sales of $157.9 million. As a result, the gross profit for the current period was $85.3 million, compared to $112.9 million in the previous year.
Operating expenses, including selling, general, and administrative costs, amounted to $47.9 million in the current reporting period, slightly lower than the previous year's expenses of $49.1 million. Income from operations for the current period was $37.3 million, a decrease from the previous year's income from operations of $63.8 million.
