$Clearfield (CLFD.US)$ 🎯 2023.8.18 The current price is 38....

New data: 2023Q2, 2023Q3

In 2023Q2, revenue increased by 34.2%, operating profit increased by 1% due to rapid cost increases, and net profit increased by 10.7% due to revenue from sale of securities.

In 2023Q3, revenue shrank by 14%, operating profit fell sharply by 66.1%, and net profit fell by 59.1%.

In the first three quarters, revenue increased by 24.6%, operating profit shrank by 14.4%, net profit shrank by 7.8%, interest expenses were only 551,000, and the burden could be ignored.

The balance ratio fell from 16.5% to 13.6%, with no long-term liabilities.

Currently, the price-earnings ratio is 11, and the price-earnings ratio TTM has been raised to 12.1. If annual net profit shrinks by 20%, the price-earnings ratio will rise to 13.8. Considering the current extremely low debt ratio, the risk is not great. The current position is not heavy, so there is no need to adjust it yet.