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MarketBeat

Clearfield Sees Fiber Demand Stabilizing as Bookings Rise, Data Center Prospects Build

Clearfield (NASDAQ:CLFD) executives said demand across the company’s fiber connectivity markets is stabilizing after a period of inventory corrections, funding uncertainty and uneven broadband deployment activity, with management pointing to stronger bookings, community broadband momentum and emerging data center opportunities.

Speaking at the 21st Annual Needham Technology, Media, and Consumer Conference, Clearfield executives described the company as a provider of fiber protection, management and termination products used by broadband service providers to deploy optical networks to homes and businesses. Cheri Beranek of Clearfield said the company’s core approach is based on modular products, including its Clearview Cassette, which protects fiber in increments of 12 and can be used across different types of enclosures.

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