Clearfield, Inc. (NASDAQ:CLFD) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET
Company Participants
Greg McNiff - IR
Cheri Beranek - President and CEO
Kevin Morgan - CFO
Dan Herzog - CMO
Conference Call Participants
Ryan Koontz - Needham & Company
Tim Savageaux - Northland Capital Markets
Scott Searle - ROTH Capital Partners
Operator
Okay, and welcome to the Clearfield Fiscal Second Quarter 2023 Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.
I would now like to turn the conference over to Greg McNiff, Investor Relations to Clearfield. Please go ahead.
Greg McNiff
Thank you. Joining me on the call today are, Cheri Beranek, Clearfield's President and CEO; Dan Herzog, Clearfield's CFO, and Kevin Morgan, Clearfield's CMO.
Please note that during this call management will be making remarks regarding future events, and the future financial performance of the company. These remarks constitute forward-looking statement for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statement.
It is important to note also that the company undertakes no obligation to update such statements except as required by law, the company cautions you to consider risk factors that could cause actual results to differ materially from those in the forward-looking statement contained in today's press release earnings presentation and on this conference call. The risk factor section in Clearfield most recent Form 10-K filing with the Securities and Exchange Commission and its subsequent filings on Form 10-Q provide a description of these risks.
With that I would like to turn the call over to Clearfield's President, CEO Cheri Beranek. Cheri?
Cheri Beranek
Good afternoon, everyone. And thank you for joining us today to discuss Clearfield's results for the second quarter of fiscal 2023. We will also provide an update on our business and current market trends.
Before I review our performance and current market dynamics, I want to emphasize that we remain more competent than ever as the long-term demand for fiber broadband remains exceptionally strong as the superiority of fiber as both a technology and an investment is well established. Accordingly, we are focused on positioning the company to capture market share, once industry ordering patterns returned to more normalized level. I'll discuss these initiatives in more detail shortly.