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Chris Tarbert
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Mr. Tarbert is in a senior management position at a mid size telecommunications company. An active trader for over 20 years, he is bullish on broadband stocks.
  • CLFD Q3 Earnings. Nice Results Considering The Head Winds.  2 comments
    Jul 26, 2012 9:07 AM | about stocks: CLFD

    With ADTN reporting disappointing numbers and CALX issuing warnings, I was admitting nervous about CLFD's upcoming earnings release. This morning CLFD posted very strong Q over Q revenue increase (including EPS) and even beat Y over Y. Cash position is growing nicely and they bumped up gross margins. They are weathering the "pause" from Tier 3 customers due to USF reform and making inroads with cell backhaul. Looks like they are launching new products in 3Q and I expect international business to kick in as well.

    Disclosure: I am long CLFD, CALX.

    Themes: ADTN, CALX, Broadband Stocks: CLFD
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  • Niles
    , contributor
    Comments (9) | Send Message
     
    Record revenues in Q3 and Q4 is usually CLFD's strongest quarter so we should see an uptick next quarter from these levels. CLFD did a great job increasing sales of their higher margin items last quarter which shows in their EPS. A very well run company.
    26 Jul 2012, 01:14 PM Reply Like
  • munsterisque
    , contributor
    Comments (24) | Send Message
     
    I don't understand the massive selloff. Is it the increased operating costs? Gross Profit going down?

     

    I looked at the numbers several times, they look stellar to me. The backlog of $11M is large...but CEO is saying its due to one customer. I can live with that. I like a large back log. Good indicator for the business.
    25 Jul 2013, 10:10 AM Reply Like
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