Clearfield, Inc. (NASDAQ:CLFD) Q3 2024 Earnings Conference Call August 1, 2024 5:00 PM ET

Company Participants

Greg McNiff - Investor Relations
Cheri Beranek - President, Chief Executive Officer
Dan Herzog - Chief Financial Officer

Conference Call Participants

Ryan Koontz - Needham & Company
Jaeson Schmidt - Lake Street Capital
Scott Searle - ROTH Capital Partners

Operator

Good afternoon, and welcome to the Clearfield Fiscal Third Quarter 2024 Conference Call. All participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] Please note that this event is being recorded.

I would now like to turn the conference over to Greg McNiff, Investor Relations for Clearfield. Please go ahead.

Greg McNiff

Thank you. Joining me on the call today are Cheri Beranek, Clearfield's President and CEO; and Dan Herzog, Clearfield's CFO. As a reminder, the slides in this presentation are controlled by you, the listener. Please advance forward through the presentation as the speaker presents their remarks.

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 statements 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 expressed in the forward-looking statements. It is important to also note 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 statements contained in today's press release, earnings presentation and on this conference call.

The Risk Factors section in Clearfield's 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. They are also summarized on Slide two of the earnings presentation.

With that, I'd like to turn the call over to Clearfield's President and CEO, Cheri Beranek. Cheri?

Cheri Beranek

Good afternoon everyone. Thank you for joining us today to discuss Clearfield's results for the fiscal third quarter 2024. We also intend to provide an update on our business and current market trends. Please turn to slide four.

We continue to view 2024 as a transition year and believe that we remain in a gradual recovery as broadband service providers continue to deploy equipment and long-term end-user demand remains robust. In the following slides, I will discuss the latest market data that supports this view.