Clearfield Inc

CLFDTechnology·Communication Equipment·USA·Small·NASD·Nov 13 • 7:18 AM ET

31.25-0.02 (-0.06%)

2026-11-13 13:26 CET

Market cap

$424.50M

Revenue, TTM

151.94 USD m

Net income, TTM

2.12 USD m

Free cash flow, TTM

10.40 USD m

EPS diluted, TTM

0.16

Price / earnings

199.30

Compare

Price

CLFD against its 20, 50 and 200-day averages

Terms2050200BeatMiss

Patternshover a marker to name it

40.7% under the 52-week high of 52.73 on 27 May 2026. 52-week low 23.76 on 31 Mar 2026. Last 15 sessions, 24.4% high to low

Volume 0.01× normal · the line is the 50-bar volume average

Setup. RS line 9
CANSLIM 3 of 6 — fails: 52-Week High/Low: 0-10% below High; Performance: Year +50%; Average Volume: Over 200K
VCP 3 of 6 — fails: 200-Day Simple Moving Average: Price above SMA200; 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High
Minervini 0 of 4 — fails: 200-Day Simple Moving Average: Price above SMA200; 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High; Performance: Year +50%
Zanger 1 of 5 — fails: Performance: Week +10%; 20-Day High/Low: 0-5% below High; Relative Volume: Over 1.5; 200-Day Simple Moving Average: Price above SMA200
Leaders 1 of 5 — fails: 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%; Average Volume: Over 500K; 52-Week High/Low: 0-10% below High
Breakout 1 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2; 200-Day Simple Moving Average: Price above SMA200
Growth 3 of 4 — fails: Return on Equity: Over +15%
Quality 2 of 5 — fails: Return on Equity: Over +15%; Net Profit Margin: High (>20%); P/E: Under 25
Value 2 of 4 — fails: P/E: Under 15; Return on Equity: Over +15%
Income 1 of 4 — fails: Dividend Growth: Growing 2+ Years; P/E: Under 25 — not on the tape: Dividend Yield: Over 2%
Small Cap 1 of 4 — fails: Average Volume: Over 500K; 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%
Accumulation 2 of 4 — fails: Institutional Transactions: Over +10%; 200-Day Simple Moving Average: Price above SMA200
Relative Strength 0 of 3 — fails: Performance: Year +100%; 200-Day Simple Moving Average: Price above SMA200; Average Volume: Over 500K

Profile

CLFD

52-week range, 26% of the way up

23.7652.73

Clearfield, Inc. engages in the provision of fiber management, fiber protection, and fiber delivery products. Its products include fieldsmart, wavesmart, active cabinets, craftsmart, access terminals, fieldshield, fiber assemblies, and clearpass. The company was founded in 1979 and is headquartered in Minneapolis, MN.

Index	RUT
Employees	618
IPO	Aug 06, 1986
Beta	2.09
ATR, 14d	1.85
Rel volume	0.01
Short float	11.38%
Insider own	17.99%
Inst own	66.44%

Snapshot

6 groups

Valuation

Index	RUT
Market Cap	$424.50M
Enterprise Value	325.76M
Income	2.12M
Sales	151.94M
Book / share	18.08
Cash / share	7.98
Dividend Est.	-
Dividend TTM	-
Dividend Ex-Date	-
Dividend Gr. 3/5Y	- -
Payout	0.00%
Employees	618
IPO	Aug 06, 1986

Ratios

Price / earnings	199.30
Forward price / earnings	31.89
Price / earnings / growth	-
Price / sales	2.79
Price / book	1.73
Price / cash	3.92
Price / free cash flow	40.82
Value / cash profit	83.10
Value / sales	2.14
Quick Ratio	8.85
Current Ratio	11.25
Debt / equity	0.04
Long-term debt / equity	0.03
Options and short	Yes / Yes

Earnings

Earnings / share	0.16
Earnings next year	0.98
Earnings next quarter	0.03
Earnings this year	276.19%
Earnings next year	86.08%
Earnings growth, 5 years	-
Past earnings growth	-60.80% -38.43%
Past sales growth	-17.31% 1.54%
Earnings vs last year	127.04%
Sales vs last year	1.20%
Earnings vs last quarter	99.18%
Sales vs last quarter	123.71%
Earnings	Nov 10 AMC
Surprise	-100.00% -2.56%

Ownership

Insiders own	17.99%
Insider trades	-0.55%
Institutions own	66.44%
Institution trades	-5.93%
Return on assets	0.74%
Return on equity	0.85%
Return on capital	0.84%
Gross Margin	35.08%
Operating margin	-1.56%
Profit Margin	1.40%
20-day average	2.54%
50-day average	1.60%
200-day average	-3.71%

Technical

Shares out	13.54M
Shares floating	11.14M
Short / float	11.38%
Short ratio	8.82
Short interest	1.27M
52-week high	52.73 -40.7%
52-week low	23.76 +31.5%
Volatility	8.39% 6.20%
Average range	1.85
Strength index	51.97
Market sensitivity	2.09
Relative volume	0.01
Avg Volume	143.73K
Volume	46

Performance

Perf Week	9.15%
Perf Month	4.20%
Perf Quarter	6.08%
Perf Half Y	-28.16%
Perf YTD	7.20%
Perf Year	0.29%
Perf 3Y	27.55%
Perf 5Y	-55.52%
Perf 10Y	62.34%
Recommendation	1.00
Target Price	39.75
Prev Close	31.27
Price	31.25
Change %	-0.06%

Analyst ratings

latest 10 of 17

Date	Action	Analyst	Rating change	Target	Implied
Nov 26, 2025	Upgrade	Northland Capital	Market Perform → Outperform	$45	+44.0%
Nov 26, 2025	Reiterated	Needham	Buy	$50 → $45	+44.0%
Aug 07, 2025	Downgrade	Northland Capital	Outperform → Market Perform	$45	+44.0%
Aug 02, 2024	Upgrade	Lake Street	Hold → Buy	$31 → $47	+50.4%
May 03, 2024	Upgrade	Northland Capital	Market Perform → Outperform	$25 → $40	+28.0%
Aug 04, 2023	Downgrade	Northland Capital	Outperform → Market Perform	$45	+44.0%
May 05, 2023	Downgrade	Lake Street	Buy → Hold
Jan 17, 2023	Initiated	ROTH Capital	Buy	$120	+284.0%
Jan 04, 2023	Initiated	Cowen	Outperform	$141	+351.2%
Jan 19, 2022	Initiated	BWS Financial	Sell	$37	+18.4%

Date

Action

Analyst

Rating change

Target

Implied

Nov 26, 2025

Upgrade

Northland Capital

Market Perform → Outperform

$45

+44.0%

Nov 26, 2025

Reiterated

Needham

Buy

$50 → $45

+44.0%

Aug 07, 2025

Downgrade

Northland Capital

Outperform → Market Perform

$45

+44.0%

Aug 02, 2024

Upgrade

Lake Street

Hold → Buy

$31 → $47

+50.4%

May 03, 2024

Upgrade

Northland Capital

Market Perform → Outperform

$25 → $40

+28.0%

Aug 04, 2023

Downgrade

Northland Capital

Outperform → Market Perform

$45

+44.0%

May 05, 2023

Downgrade

Lake Street

Buy → Hold

Jan 17, 2023

Initiated

ROTH Capital

Buy

$120

+284.0%

Jan 04, 2023

Initiated

Cowen

Outperform

$141

+351.2%

Jan 19, 2022

Initiated

BWS Financial

Sell

$37

+18.4%

Peers

Mkt cap

Ticker	Company	Mkt cap
ADTN	ADTRAN Holdings Inc	399.33M
OCC	Optical Cable Corp	97.35M
BDC	Belden Inc	4.00B
CALX	Calix Inc	2.02B
VISN	Vistance Networks Inc	863.83M
GLW	Corning Inc	103.35B
HLIT	Harmonic Inc	1.11B
APH	Amphenol Corp	198.63B
NOK	Nokia Corp ADR	46.69B
PLPC	Preformed Line Products Co	1.47B

Ticker

Company

Mkt cap

ADTN

ADTRAN Holdings Inc

399.33M

OCC

Optical Cable Corp

97.35M

BDC

Belden Inc

4.00B

CALX

Calix Inc

2.02B

VISN

Vistance Networks Inc

863.83M

GLW

Corning Inc

103.35B

HLIT

Harmonic Inc

1.11B

APH

Amphenol Corp

198.63B

NOK

Nokia Corp ADR

46.69B

PLPC

Preformed Line Products Co

1.47B

Insider trading

latest 14 of 16

Insider	Relationship	Date	Transaction	Cost	Shares	Value	Total held	Form
Beranek Cheryl	Chief Executive Officer	Jul 01 '26	Sale	40.06	1,778	71,227	492,973	Jul 06 05:45 PM
Beranek Cheryl	Officer	Jul 01 '26	Proposed Sale	39.70	1,778	70,581		Jul 01 04:09 PM
Khemakhem Anis	Chief Commercial Officer	Jun 09 '26	Sale	39.90	1,684	67,192	25,126	Jun 11 06:03 PM
Khemakhem Anis	Officer	Jun 09 '26	Proposed Sale	39.90	1,684	67,187		Jun 09 02:12 PM
Beranek Cheryl	Chief Executive Officer	Jun 01 '26	Sale	46.92	7,500	351,900	494,541	Jun 03 06:01 PM
Beranek Cheryl	Officer	Jun 01 '26	Proposed Sale	46.64	7,500	349,800		Jun 01 12:45 PM
Beranek Cheryl	Chief Executive Officer	May 27 '26	Sale	50.00	2,500	125,000	502,041	May 28 05:21 PM
Beranek Cheryl	Officer	May 27 '26	Proposed Sale	49.64	2,500	124,090		May 27 12:12 PM
Beranek Cheryl	Chief Executive Officer	May 08 '26	Sale	40.27	5,000	201,350	507,041	May 12 04:23 PM
Beranek Cheryl	Chief Executive Officer	May 11 '26	Sale	45.02	2,500	112,550	504,541	May 12 04:23 PM
Jones Walter Louis JR	Director	May 11 '26	Sale	46.05	2,391	110,106	8,682	May 12 11:59 AM
Beranek Cheryl	Officer	May 11 '26	Proposed Sale	44.70	2,500	111,738		May 11 04:32 PM
Jones Walter Louis JR	Director	May 11 '26	Proposed Sale	40.45	2,700	109,215		May 11 03:46 PM
Beranek Cheryl	Officer	May 08 '26	Proposed Sale	39.98	5,000	199,879		May 08 01:33 PM

Held by

AUM

Ticker	Company	AUM
VTI	Vanguard Morningstar Total Stock Market ETF	AUM: 696.31B
VGT	Vanguard Information Technology ETF	AUM: 142.20B
IWM	iShares Russell 2000 Index Fund	AUM: 77.86B
VXF	Vanguard Extended Market Index ETF	AUM: 30.79B
XTL	State Street SPDR S&P Telecom ETF	AUM: 405.68M
DFSV	US Small Cap Value Portfolio ETF Class Shares	AUM: 8.56B
IWN	iShares Russell 2000 Value ETF	AUM: 14.17B
DFAS	U.S. Small Cap Portfolio-ETF Class Shares	AUM: 15.64B
VTWO	Vanguard Russell 2000 Index ETF	AUM: 16.90B
DFAC	U.S. Core Equity 2 Portfolio-ETF Class Shares	AUM: 49.67B

Ticker

Company

AUM

VTI

Vanguard Morningstar Total Stock Market ETF

AUM: 696.31B

VGT

Vanguard Information Technology ETF

AUM: 142.20B

IWM

iShares Russell 2000 Index Fund

AUM: 77.86B

VXF

Vanguard Extended Market Index ETF

AUM: 30.79B

XTL

State Street SPDR S&P Telecom ETF

AUM: 405.68M

DFSV

US Small Cap Value Portfolio ETF Class Shares

AUM: 8.56B

IWN

iShares Russell 2000 Value ETF

AUM: 14.17B

DFAS

U.S. Small Cap Portfolio-ETF Class Shares

AUM: 15.64B

VTWO

Vanguard Russell 2000 Index ETF

AUM: 16.90B

DFAC

U.S. Core Equity 2 Portfolio-ETF Class Shares

AUM: 49.67B

News

latest 14 of 200

Nov-10-26 06:52PMClearfield Misses Q4 As Margins Slide Again, But Backlog And A 30% Growth Guide Recast The Story (Earnings Whispers)
04:18PMClearfield: Fiscal Q4 Earnings Snapshot (Associated Press)
04:00PMClearfield Reports Fourth Quarter and Full Year Fiscal 2026 Results (GlobeNewswire)
Nov-05-26 06:00AMClearfield Supports East Central Energys Historic BEAD Milestone and Fiber Broadband Expansion Across Minnesota and Wisconsin (Business Wire) -12.65%
Nov-03-26 09:13AMClearfield's Reset Quarter Puts Broadband Weakness And A $22 Million Data Center Order On Trial (Earnings Whispers)
Oct-27-26 06:00PMClearfield Sets Fiscal Fourth Quarter 2026 Earnings Call for Tuesday, November 10th, 2026 (GlobeNewswire) +6.20%
Oct-20-26 07:00AMClearfield Announces CEO Succession Plan (GlobeNewswire)
Sep-24-26 09:00AMClearfield Accelerates Data Center Fiber Deployment with NOVA Velocity Panel (Business Wire)
Sep-02-26 09:00AMClearfield Expands Wireless Infrastructure Market Reach Through Distribution Agreement with WAV (Business Wire)
Aug-20-26 09:00AMClearfield's NOVA Platform Earns Gold in 2026 ISE Network Innovators' Awards (Business Wire)
Aug-06-26 01:04AMClearfield Inc (CLFD) (Q3 2026) Earnings Call Highlights: Strategic Data Center Win Offsets ... (GuruFocus.com) -21.05%
Aug-05-26 04:19PMClearfield: Fiscal Q3 Earnings Snapshot (Associated Press)
04:00PMClearfield Reports Third Quarter Fiscal 2026 Results (GlobeNewswire)
Jul-28-26 09:00AMClearfield Expands Fiber Portfolio with Sensing Cables for Continuous Infrastructure Monitoring (Business Wire)

Key figures

Revenue, TTM	151.94
Net income, TTM	2.12
EPS diluted, TTM	0.16
EBIT, TTM	-2.37
Free cash flow, TTM	10.40
Gross margin	35.08%
Operating margin	-1.56%
Net margin	1.40%
Market cap, statement	424.77
Price / earnings	199.30
Sales Y/Y, TTM	1.20%

Statement money is USD millions. A margin is a percent. EPS is per share. P/E and sales growth are the snapshot.

Quarterly earnings

2026Q4 EPS 0.000 missed 0.053, from -0.650 a year earlier. Sales 39.34 missed 40.38, from 41.10 a year earlier

EPS

Sales, USD millions

The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.

Period	Reported	EPS adjusted	EPS est	EPS reported	Sales act, USD m	Sales est, USD m	Surprise	Year-ago quarter	Analysts	Next session
2026Q4ended 2026-09-30	2026-11-10 16:30	0.000	0.053	0.000	39.34	40.38	EPS -100.0% · sales -2.6%	vs 2025Q4, year-ago quarter · EPS -100.0% · sales -4.3%	3 EPS · 4 sales	Open -3.88% vs SPY +0.92%. Close +1.32% vs SPY +1.32%
2026Q3ended 2026-06-30	2026-08-05 16:30	0.220	0.193	0.221	43.86	43.93	EPS +14.3% · sales -0.1%	vs 2025Q3, year-ago quarter · EPS +100.0% · sales -12.1%	4	Open -18.21% vs SPY +0.05%. Close -21.05% vs SPY -0.16%
2026Q2ended 2026-03-31	2026-05-06 16:30	-0.040	-0.048	-0.039	34.39	33.58	EPS -15.8% · sales +2.4%	vs 2025Q2, year-ago quarter · EPS -144.4% · sales -27.1%	4	Open +4.19% vs SPY +0.17%. Close +23.81% vs SPY -0.31%
2026Q1ended 2025-12-31	2026-02-04 16:30	-0.040	-0.055	-0.020	34.34	31.70	EPS -27.3% · sales +8.3%	vs 2025Q1, year-ago quarter · EPS -69.2% · sales -3.2%	2 EPS · 4 sales	Open +5.02% vs SPY -0.77%. Close -4.56% vs SPY -1.25%
2025Q4ended 2025-09-30	2025-11-25 08:30	-0.650	0.080	-0.656	41.10	49.55	EPS -912.5% · sales -17.1%	vs 2024Q4, year-ago quarter · EPS +983.3% · sales -12.1%	4	Open -13.04% vs SPY -0.01%. Close -4.59% vs SPY +0.94%
2025Q3ended 2025-06-30	2025-08-06 16:30	0.110	0.050	0.116	49.90	47.58	EPS +120.0% · sales +4.9%	vs 2024Q3, year-ago quarter · EPS -375.0% · sales +2.3%	4	Open -9.27% vs SPY +0.55%. Close -24.65% vs SPY -0.08%
2025Q2ended 2025-03-31	2025-05-08 16:30	0.090	-0.188	0.094	47.17	38.53	EPS -148.0% · sales +22.4%	vs 2024Q2, year-ago quarter · EPS -122.5% · sales +27.8%	4	Open +13.14% vs SPY +0.25%. Close +7.83% vs SPY -0.13%
2025Q1ended 2024-12-31	2025-02-06 16:30	-0.130	-0.308	-0.134	35.48	35.78	EPS -57.7% · sales -0.8%	vs 2024Q1, year-ago quarter · EPS -62.9% · sales +3.6%	4	Open -0.01% vs SPY +0.09%. Close -5.92% vs SPY -0.92%
2024Q4ended 2024-09-30	2024-11-07 16:30	-0.060	-0.190	-0.058	46.77	41.95	EPS -68.4% · sales +11.5%	vs 2023Q4, year-ago quarter · EPS -135.3% · sales -5.9%	4	Open -4.40% vs SPY +0.09%. Close -7.07% vs SPY +0.43%
2024Q3ended 2024-06-30	2024-08-01 16:30	-0.040	-0.345	-0.031	48.79	42.13	EPS -88.4% · sales +15.8%	vs 2023Q3, year-ago quarter · EPS -112.1% · sales -20.4%	4	Open +4.36% vs SPY -1.34%. Close -8.49% vs SPY -1.86%
2024Q2ended 2024-03-31	2024-05-02 16:30	-0.400	-0.523	-0.404	36.91	31.25	EPS -23.4% · sales +18.1%	vs 2023Q2, year-ago quarter · EPS -159.7% · sales -48.6%	4	Open +25.04% vs SPY +1.21%. Close +13.22% vs SPY +1.24%
2024Q1ended 2023-12-31	2024-02-01 16:30	-0.350	-0.416	-0.346	34.23	29.88	EPS -15.9% · sales +14.6%	vs 2023Q1, year-ago quarter · EPS -135.0% · sales -60.2%	5	Open -0.84% vs SPY +0.09%. Close +12.71% vs SPY +1.05%
2023Q4ended 2023-09-30	2023-11-09 16:30	0.170	0.098	0.177	49.69	48.76	EPS +73.5% · sales +1.9%	vs 2022Q4, year-ago quarter · EPS -86.1% · sales -47.7%	5	-
2023Q3ended 2023-06-30	2023-08-03 16:30	0.330	0.092	0.342	61.28	53.82	EPS +258.7% · sales +13.9%	vs 2022Q3, year-ago quarter · EPS -64.1% · sales -14.0%	5	-
2023Q2ended 2023-03-31	2023-05-04 16:30	0.670	0.588	0.679	71.81	69.38	EPS +14.0% · sales +3.5%	vs 2022Q2, year-ago quarter · EPS +1.5% · sales +34.2%	4	-
2023Q1ended 2022-12-31	2023-02-02 16:30	1.000	0.962	0.998	85.94	83.65	EPS +4.0% · sales +2.7%	vs 2022Q1, year-ago quarter · EPS +33.3% · sales +68.2%	6	-

Annual earnings

2026FY EPS 0.140 missed 0.203, from -0.580 a year earlier. Sales 151.94 missed 152.97, from 150.13 a year earlier

EPS

Sales, USD millions

Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.

earnings feed, not the snapshot. Not the statement ratio.

Period	EPS adjusted	EPS est	EPS reported	Sales act, USD m	Sales est, USD m	P/E, earnings feed
2028FYestimate	-	0.980	-	-	229.4	31.89
2027FYestimate	-	0.527	-	-	197.93	59.33
2026FY	0.140	0.203	0.140	151.94	152.97	222.43
2025FY	-0.580	0.158	-0.575	150.13	182.09	218.29
2024FY	-0.850	-0.980	-0.854	166.71	161.86	-
2023FY	2.170	2.082	2.167	268.72	267.77	13.21
2022FY	3.550	3.210	3.550	270.88	247.49	29.48
2021FY	1.470	1.345	1.475	140.76	133.76	30.03
2020FY	0.530	0.515	0.535	93.07	91.78	38.06
2019FY	0.340	0.333	0.340	85.00	84.81	34.85
2018FY	0.320	0.325	0.318	77.65	75.34	42.03
2017FY	0.280	0.300	0.280	73.90	75.06	48.57
2016FY	0.590	0.590	0.590	75.29	74.12	52.97
2015FY	0.340	0.350	0.340	60.32	63.08	91.91
2014FY	0.400	-	0.400	58.05	-	78.13
2013FY	0.360	0.260	0.360	53.35	-	86.81
2012FY	0.330	0.340	0.600	37.47	-	94.70

Quarterly results

2026Q4 revenue 39.34, from 17.59 a year earlier. Operating margin -2.7%, from 24.6% a year earlier

Revenue, USD millions

Operating margin

From the quarterly statement. Not an estimate.

Estimate revisions

Latest snapshot of each period and type. 2027FY E 0.53 per share.

Period	Type	Scale	Date	Mean	vs prior date
2027FY	E	per share	2026-11-11	0.53	-41.0%
2027Q1	E	per share	2026-11-11	0.03	-79.2%
2027FY	R	per share	2026-11-11	0.49	-45.1%
2027Q1	R	per share	2026-11-11	0.03	-79.2%
2027Q1	S	per share	2026-11-11	47.93	+13.5%
2027FY	S	-	2026-11-11	197.93	+5.8%
2026FY	E	per share	2026-10-20	0.20	0.0%
2026Q4	E	per share	2026-10-20	0.05	0.0%
2026FY	R	per share	2026-10-20	0.20	0.0%
2026Q4	R	per share	2026-10-20	0.05	0.0%
2026Q4	S	per share	2026-10-20	40.38	0.0%
2026FY	S	-	2026-10-20	152.97	0.0%
2026Q3	E	per share	2026-07-21	0.19	0.0%
2026Q3	R	per share	2026-07-21	0.19	0.0%
2026Q3	S	per share	2026-07-21	43.93	0.0%
2026Q2	E	per share	2026-04-21	-0.05	0.0%
2026Q2	R	per share	2026-04-21	-0.05	0.0%
2026Q2	S	per share	2026-04-21	33.58	0.0%
2026Q1	E	per share	2025-11-25	-0.06	+83.3%
2026Q1	R	per share	2025-11-25	-0.06	+83.3%
2026Q1	S	per share	2025-11-25	31.70	-26.3%
2025FY	E	per share	2025-10-21	0.16	0.0%
2025Q4	E	per share	2025-10-21	0.08	0.0%
2025FY	R	per share	2025-10-21	0.16	0.0%
2025Q4	R	per share	2025-10-21	0.08	0.0%
2025Q4	S	per share	2025-10-21	49.55	0.0%
2025FY	S	-	2025-10-21	182.09	0.0%
2025Q3	E	per share	2025-07-23	0.05	0.0%
2025Q3	R	per share	2025-07-23	0.05	0.0%
2025Q3	S	per share	2025-07-23	47.58	0.0%
2025Q2	E	per share	2025-04-23	-0.19	0.0%
2025Q2	R	per share	2025-04-23	-0.19	0.0%
2025Q2	S	per share	2025-04-23	38.53	0.0%
2025Q1	E	per share	2025-01-22	-0.31	-1.9%
2025Q1	R	per share	2025-01-22	-0.31	-1.9%
2025Q1	S	per share	2025-01-22	35.78	+0.5%
2024FY	E	per share	2024-10-16	-0.98	0.0%
2024Q4	E	per share	2024-10-16	-0.19	0.0%
2024FY	R	per share	2024-10-16	-0.98	0.0%
2024Q4	R	per share	2024-10-16	-0.19	0.0%
2024Q4	S	per share	2024-10-16	41.95	0.0%
2024FY	S	-	2024-10-16	161.86	0.0%
2024Q3	E	per share	2024-07-17	-0.35	0.0%
2024Q3	R	per share	2024-07-17	-0.35	0.0%
2024Q3	S	per share	2024-07-17	42.13	0.0%
2024Q2	E	per share	2024-04-17	-0.52	0.0%
2024Q2	R	per share	2024-04-17	-0.52	0.0%
2024Q2	S	per share	2024-04-17	31.25	0.0%
2023FY	E	per share	2023-11-08	2.08	0.0%
2023FY	R	per share	2023-11-08	2.08	0.0%
2023FY	S	-	2023-11-08	267.77	0.0%

Estimate history

Annual
Metric	2018	2019	2020	2021	2022	2023	2024	2025	2026
EPS per share	0.318	0.34	0.535	1.475	3.55	2.167	-0.854	-0.575	0.131
Sales USD millions	78	85	93	141	271	269	126	150	152
Shares million shares	14	14	14	14	14	15	14	14	14

Quarterly
Metric	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26	Q4 '26
EPS per share	-0.058	-0.134	0.094	0.116	-0.656	-0.02	-0.039	0.221	-0.005
Sales USD millions	47	35	47	50	18	34	34	44	39
Shares million shares	14	14	14	14	14	14	14	14	14

Income statement, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric	TTM	2026FY9/30/2026	2025FY9/30/2025	2024FY9/30/2024	2023FY9/30/2023	2022FY9/30/2022	2021FY9/30/2021	2020FY9/30/2020	2019FY9/30/2019
Total Revenue	151.94	151.94+1.2%	150.13+19.6%	125.57-53.3%	268.72-0.8%	270.88+92.4%	140.76+51.2%	93.07+9.5%	85.03
Cost of Goods Sold Incl. D&A	98.64	103.38+3.8%	99.60-0.1%	99.72-45.6%	183.44+16.1%	157.94+98.5%	79.58+38.2%	57.58+5.6%	54.52
Gross Profit	53.30	48.56-3.9%	50.54+95.5%	25.85-69.7%	85.28-24.5%	112.95+84.6%	61.18+72.4%	35.49+16.3%	30.51
Selling, General and Administrative Excl. Other	50.93	50.93+5.2%	48.42+7.4%	45.08-6.1%	47.99+1.0%	47.53+32.2%	35.94+32.6%	27.11+7.1%	25.32
Research and Development	-	-	2.42-19.3%	3.00-3.8%	3.12+246.7%	0.90-27.4%	1.24-2.4%	1.27+16.5%	1.09
Other Operating Expense	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Income	-2.37	-2.37-211.8%	2.12	-19.23-151.6%	37.29-43.0%	65.42+159.3%	25.23+201.1%	8.38+61.5%	5.19
Interest Expense	-	-	0.00	0.00-100.0%	0.88+183.9%	0.31	0.00	0.00	0.00
Unusual Expense	-	-	0.00	0.00	-	1.60	0.00	0.00	-
Net Income Before Taxes	3.35	3.35-61.4%	8.67	-11.76-128.3%	41.61-34.8%	63.83+148.1%	25.73+181.2%	9.15+54.3%	5.93
Income Taxes	1.23	1.23-47.9%	2.36	-3.25-135.8%	9.08-37.2%	14.47+167.5%	5.41+190.9%	1.86+36.8%	1.36
Consolidated Net Income	2.12	2.12-66.4%	6.31	-8.51-126.2%	32.53-34.1%	49.36+142.8%	20.33+178.9%	7.29+59.5%	4.57
Net Income From Continuing Operations	2.12	2.12-66.4%	6.31	-8.51-126.2%	32.53-34.1%	49.36+142.8%	20.33+178.9%	7.29+59.5%	4.57
Net Income	2.12	1.78	-8.05	-12.45-138.3%	32.53-34.1%	49.36+142.8%	20.33+178.9%	7.29+59.5%	4.57
EPS (Recurring) per share	0.16	0.13	-0.58	-0.85-139.2%	2.17-40.2%	3.63+146.9%	1.47+177.4%	0.53+55.9%	0.34
EPS (Basic, Before Extraordinaries) per share	0.16	0.13	-0.58	-0.85-139.2%	2.17-39.4%	3.58+141.9%	1.48+179.2%	0.53+55.9%	0.34
EPS (Diluted) per share	0.16	0.13	-0.58	-0.85-139.2%	2.17-38.9%	3.55+141.5%	1.47+177.4%	0.53+55.9%	0.34
EBITDA	3.92	3.92-52.4%	8.24	-13.31-130.7%	43.34-37.0%	68.83+149.9%	27.54+154.8%	10.81+46.7%	7.37
Non-Operating Income (Expense)	5.73	5.73-12.5%	6.55-12.3%	7.47+43.4%	5.21+1478.8%	0.33-34.0%	0.50-35.1%	0.77+4.1%	0.74
Other After Tax Adjustments	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Stock Option Compensation Expense	-	-	3.63+4.9%	3.46+22.3%	2.83+53.0%	1.85+98.9%	0.93+66.1%	0.56-55.6%	1.26
Price To Earnings Ratio ratio statement ratio, not the snapshot	199.43	199.43	1,910.00	-	8.85	29.48	29.99	37.53	34.94
Price To Sales Ratio ratio	2.78	2.80	3.20	4.52	1.60	5.37	4.32	2.96	1.87
Gross Margin %	35.08	31.96	33.66	20.58	31.74	41.70	43.46	38.13	35.88
Operating Margin %	-1.56	-1.56	1.41	-15.32	13.88	24.15	17.93	9.01	6.10
Net Margin %	1.40	1.17	-5.36	-9.92	12.11	18.22	14.44	7.84	5.37
Shares Outstanding million shares	13.54	13.54-2.2%	13.84-2.7%	14.23-6.7%	15.25+10.3%	13.82+0.7%	13.73+0.6%	13.65+0.1%	13.64
Market Capitalization	424.77	424.77-10.5%	474.65-14.4%	554.71+26.8%	437.40-69.7%	1,441.70+137.6%	606.73+120.4%	275.26+70.1%	161.78

Income statement, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric	2026Q49/30/2026	2026Q36/30/2026	2026Q23/31/2026	2026Q112/31/2025	2025Q49/30/2025	2025Q36/30/2025	2025Q23/31/2025	2025Q112/31/2024
Total Revenue	39.34+123.6%	43.86-12.1%	34.39-27.1%	34.34-3.2%	17.59-62.4%	49.90+2.3%	47.17+27.8%	35.48+3.7%
Cost of Goods Sold Incl. D&A	27.28+485.4%	29.92-13.7%	23.23-29.6%	22.95-15.9%	4.66-87.1%	34.67-9.0%	32.98-3.2%	27.29-7.6%
Gross Profit	12.06-6.7%	13.94-8.5%	11.16-21.4%	11.39+39.2%	12.93+21.2%	15.23+42.5%	14.19+401.4%	8.18+74.0%
Selling, General and Administrative Excl. Other	13.11+52.4%	11.37-17.2%	13.23-5.0%	13.21+8.6%	8.60-37.1%	13.74+5.7%	13.93+10.8%	12.16-5.4%
Other Operating Expense	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Income	-1.05-124.2%	2.57+71.3%	-2.07-896.2%	-1.82	4.33	1.50	0.26	-3.98
Interest Expense	-	0.00-100.0%	0.00-100.0%	0.00-100.0%	0.00-100.0%	0.11-26.7%	0.07-30.0%	0.10-23.1%
Unusual Expense	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income Before Taxes	0.40-93.6%	3.93+31.9%	-0.70-139.3%	-0.28	6.24	2.98	1.78	-2.33
Income Taxes	0.48-50.0%	0.93-32.1%	-0.18-139.1%	-0.00	0.96	1.37	0.46	-0.43
Consolidated Net Income	-0.07-101.3%	3.00+86.3%	-0.53-139.8%	-0.28	5.28	1.61	1.33	-1.91
Net Income From Continuing Operations	-0.07-101.3%	3.00+86.3%	-0.53-139.8%	-0.28	5.28	1.61	1.33	-1.91
Net Income	-0.07	3.00+86.3%	-0.53-139.8%	-0.28	-9.08	1.61	1.33	-1.91
EPS (Recurring) per share	-0.01	0.22+83.3%	-0.04-144.4%	-0.02	-0.66	0.12	0.09	-0.13
EPS (Basic, Before Extraordinaries) per share	-0.01	0.22+83.3%	-0.04-144.4%	-0.02	-0.66	0.12	0.09	-0.13
EPS (Diluted) per share	-0.01	0.22+83.3%	-0.04-144.4%	-0.02	-0.66	0.12	0.09	-0.13
EBITDA	0.50-89.3%	4.12+16.1%	-0.49-123.0%	-0.21	4.69	3.55	2.13	-2.14
Non-Operating Income (Expense)	1.45-23.7%	1.36-14.5%	1.36-14.5%	1.55-10.9%	1.90+4.4%	1.59-8.6%	1.59-14.1%	1.74-15.9%
Other After Tax Adjustments	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Stock Option Compensation Expense	-	0.81-22.1%	1.04+2.0%	1.00+11.1%	0.68-28.4%	1.04+14.3%	1.02+27.5%	0.90-10.0%
Price To Earnings Ratio ratio statement ratio, not the snapshot	199.43	-	-	-	1,910.00	-	-	-
Price To Sales Ratio ratio	2.78	4.15	2.66	2.71	3.17	3.35	2.35	2.62
Gross Margin %	30.67	31.79	32.45	33.16	73.52	30.53	30.09	23.06
Operating Margin %	-2.67	5.86	-6.02	-5.31	24.64	3.00	0.56	-11.21
Net Margin %	-0.19	6.84	-1.54	-0.81	-51.62	3.22	2.81	-5.37
Shares Outstanding million shares	13.54-2.2%	13.60-1.5%	13.62-2.6%	13.84-2.1%	13.84-2.7%	13.81-3.0%	13.99-2.9%	14.13-5.4%
Market Capitalization	424.77-10.5%	540.73-9.9%	362.25-13.7%	403.41-8.9%	474.65-14.4%	600.40+9.4%	419.99-7.4%	442.95-0.1%

Balance sheet, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric	2026FY9/30/2026	2025FY9/30/2025	2024FY9/30/2024	2023FY9/30/2023	2022FY9/30/2022	2021FY9/30/2021	2020FY9/30/2020	2019FY9/30/2019	2018FY9/30/2018
Cash & Short Term Investments	108.34+2.2%	105.98-17.8%	128.97-23.3%	168.11+648.8%	22.45-4.8%	23.59-12.7%	27.03+14.5%	23.61+35.1%	17.48
Short Term Receivables	20.43+13.6%	17.99+30.0%	13.84-51.3%	28.39-47.1%	53.70+176.2%	19.44+85.1%	10.50+15.1%	9.12-28.9%	12.82
Inventories	37.93-9.8%	42.03-25.1%	56.10-42.8%	98.06+19.3%	82.21+198.7%	27.52+91.0%	14.41+59.9%	9.01-10.3%	10.05
Other Current Assets	11.02-66.1%	32.49+5.9%	30.68+1704.7%	1.70-3.4%	1.76+85.3%	0.95+61.0%	0.59-23.4%	0.77+4.1%	0.74
Total Current Assets	177.72-10.5%	198.49-13.5%	229.59-22.5%	296.25+85.0%	160.12+123.9%	71.51+36.2%	52.52+23.5%	42.51+3.5%	41.09
Net Property, Plant & Equipment	18.21+0.6%	18.10-32.5%	26.83-24.2%	35.39+12.4%	31.48+331.2%	7.30-4.6%	7.65+41.4%	5.41+14.1%	4.74
Total Investments and Advances	49.09-17.9%	59.82+144.2%	24.50+286.4%	6.34-72.1%	22.75-38.4%	36.91+46.8%	25.14+5.2%	23.90+33.0%	17.97
Intangible Assets	12.21-13.2%	14.06+49.9%	9.38-25.7%	12.62-1.3%	12.78+36.0%	9.40-1.5%	9.54-3.2%	9.86-3.2%	10.19
Deferred Tax Assets	9.62-26.8%	13.14+72.9%	7.60+150.0%	3.04+115.6%	1.41+281.1%	0.37+105.6%	0.18	-	-
Other Assets	0.45-91.7%	5.44-71.1%	18.83+907.0%	1.87+222.4%	0.58+38.1%	0.42+55.6%	0.27+28.6%	0.21-8.7%	0.23
Total Assets	267.30-13.5%	309.05-2.4%	316.74-10.9%	355.52+55.2%	229.13+82.0%	125.91+32.1%	95.30+16.4%	81.89+10.3%	74.23
Short Term Debt Incl. Current Port. of LT Debt	2.820.0%	2.82+11.5%	2.53-79.2%	12.14+56.0%	7.78+754.9%	0.91+35.8%	0.67	0.00	0.00
Accounts Payable	6.92-1.6%	7.03+152.9%	2.78-68.7%	8.89-63.1%	24.12+161.9%	9.21+149.6%	3.69+16.4%	3.17+34.3%	2.36
Income Tax Payable	-	-	0.03-62.5%	0.08-95.5%	1.79+92.5%	0.93	-	-	-
Other Current Liabilities	6.06-77.3%	26.75+40.5%	19.04+141.3%	7.89-56.2%	18.01+91.4%	9.41+55.3%	6.06+76.7%	3.43+30.9%	2.62
Total Current Liabilities	15.80-56.8%	36.60+50.3%	24.35-16.0%	29.00-43.9%	51.69+152.5%	20.47+96.6%	10.41+57.5%	6.61+32.7%	4.98
Long Term Debt	6.78+14.3%	5.93-32.3%	8.76-17.6%	10.63-63.4%	29.08+1695.1%	1.62-23.9%	2.13	0.00	0.00
Provision for Risks Charges	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Liabilities	-	2.88+95.9%	1.47+104.2%	0.72-6.5%	0.77	-	-	0.100.0%	0.10
Other Liabilities	0.00-100.0%	7.47+16.7%	6.40	0.00	0.00	0.00	0.00-100.0%	0.25-7.4%	0.27
Total Liabilities	22.59-57.3%	52.89+29.1%	40.98+1.6%	40.35-50.5%	81.55+269.2%	22.09+76.2%	12.54+80.2%	6.96+30.1%	5.35
Non-Equity Reserves	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Preferred Stock - Carrying Value	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Common Equity	244.72-4.5%	256.16-7.1%	275.76-12.5%	315.16+113.6%	147.58+42.1%	103.82+25.5%	82.75+10.4%	74.93+8.8%	68.87
Total Shareholders Equity	244.72-4.5%	256.16-7.1%	275.76-12.5%	315.16+113.6%	147.58+42.1%	103.82+25.5%	82.75+10.4%	74.93+8.8%	68.87
Accumulated Minority Interest	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity	244.72-4.5%	256.16-7.1%	275.76-12.5%	315.16+113.6%	147.58+42.1%	103.82+25.5%	82.75+10.4%	74.93+8.8%	68.87
Total Liabilities & Stockholders Equity	267.30-13.5%	309.05-2.4%	316.74-10.9%	355.52+55.2%	229.13+82.0%	125.91+32.1%	95.30+16.4%	81.89+10.3%	74.23
Book Value Per Share per share	18.08-2.3%	18.51-4.5%	19.38-6.2%	20.66+93.4%	10.68+41.3%	7.56+24.8%	6.06+10.4%	5.49+8.7%	5.05
Tangible Book Value Per Share per share	17.17-1.8%	17.49-6.6%	18.72-5.6%	19.83+103.2%	9.76+41.9%	6.88+28.4%	5.36+12.4%	4.77+10.9%	4.30
Full-Time Employees people	-	618-15.3%	730-27.0%	1,000-11.7%	1,132+74.2%	650+41.3%	460+91.7%	240+6.7%	225
Price to Book Ratio ratio	1.73	1.79	2.02	1.40	9.80	5.84	3.33	2.16	2.75
Return on Assets %	0.74	2.02	-2.53	11.13	27.81	18.38	8.23	5.85	5.95
Return on Equity %	0.85	2.37	-2.88	14.06	39.27	21.79	9.25	6.35	6.41
Return on Invested Capital %	0.71	-3.07	-4.38	9.99	27.94	19.28	8.59	6.09	6.21
Quick Ratio ratio	8.85	4.27	7.12	6.83	1.51	2.15	3.66	5.07	6.23
Current Ratio ratio	11.25	5.42	9.43	10.21	3.10	3.49	5.04	6.43	8.25

Cash flow, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric	TTM	2026FY9/30/2026	2025FY9/30/2025	2024FY9/30/2024	2023FY9/30/2023	2022FY9/30/2022	2021FY9/30/2021	2020FY9/30/2020	2019FY9/30/2019
Net Income	2.12	2.12	-8.05	-12.45-138.3%	32.53-34.1%	49.36+142.8%	20.33+178.9%	7.29+59.5%	4.57
Depreciation	6.29	6.29+2.8%	6.12+3.4%	5.92-2.1%	6.05+77.4%	3.41+48.3%	2.30-5.0%	2.42+11.0%	2.18
Other Funds (Non Cash)	5.72	5.72-71.1%	19.79+136.4%	8.37+11857.1%	0.07-97.0%	2.31+56.1%	1.48+105.6%	0.72-61.5%	1.87
Funds from Operations	14.97	14.97+9.9%	13.62	-1.52-104.2%	36.54-33.3%	54.76+128.9%	23.92+135.7%	10.15+17.9%	8.61
Extraordinary Item	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Changes in Working Capital	-0.97	-0.97-106.1%	15.83-33.3%	23.74	-16.53	-53.76	-13.02	-3.49-157.0%	6.12
Cash from Operating Activities	14.00	14.00-52.5%	29.45+32.5%	22.22+11.0%	20.01+1901.0%	1.00-90.8%	10.90+63.7%	6.66-54.8%	14.73
Capital Expenditures	-3.60	-3.60	-4.74	-7.99	-8.38	-9.15	-2.05	-1.81	-2.51
Net Assets From Acquisitions	-1.01	-1.01	0.00	0.00	0.00	-16.19	0.00	0.00	0.00
Sale of Fixed Assets and Businesses	0.00	0.00-100.0%	0.90+2150.0%	0.04	0.00	0.00	0.00	0.00	0.00
Purchase or Sale of Investments	15.52	15.52	-3.21-220.2%	2.67	-103.86-706.0%	17.14	-11.55-752.5%	1.77	-10.45
Purchase of Investments	-85.64	-85.64	-119.07	-159.39	-210.92	-0.25	-24.81	-34.06	-20.31
Sale Or Maturity of Investments	101.16	101.16-12.7%	115.87-28.5%	162.06+51.4%	107.06+515.6%	17.39+31.1%	13.26-63.0%	35.82+263.3%	9.86
Other Uses	0.00	0.00	-1.80	-1.63	0.00	0.00	0.00	0.00	0.00
Other Sources	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash from Investing Activities	10.91	10.91	-8.84	-6.90	-112.25	-8.20	-13.60	-0.04	-12.96
Cash Dividends Paid	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Change in Capital Stock	-14.78	-14.78	-16.06	-32.79-124.9%	131.83+24313.0%	0.54+42.1%	0.38	-0.07-121.9%	0.32
Repurchase of Common Pref Stock	-15.29	-15.29	-16.65	-33.37	0.00	0.00	0.00	-0.43	0.00
Sale of Common Pref Stock	0.51	0.51-13.6%	0.590.0%	0.59-99.6%	131.83+24313.0%	0.54+42.1%	0.38+5.6%	0.36+12.5%	0.32
Proceedsfrom Stock Options	0.00	0.00	0.00	0.00-100.0%	130.26	0.00	0.00	0.00	0.00
Issuance or Reduction of Debt, Net	-	-	0.00	0.00	-16.70-200.0%	16.70	0.00	0.00	0.00
Change in Long Term Debt	-	-	0.00	0.00	-16.70-200.0%	16.70	0.00	0.00	0.00
Issuance of Long Term Debt	-	-	0.00	0.00	0.00-100.0%	16.70	0.00	0.00	0.00
Reduction of Long Term Debt	-	-	0.00	0.00	-16.70	0.00	0.00	0.00	0.00
Net Financing Active Other Cash Flow	-2.36	-2.36-229.7%	1.82	-4.12	-1.71	-6.59	-0.92	-0.18	-0.55
Other Financing Activities Uses	-2.36	-2.36	-1.18	-4.12	-1.71	-6.59	-0.92	-0.18	-0.55
Cash from Financing Activities	-17.14	-17.14	-14.24	-36.91-132.5%	113.42+965.0%	10.65	-0.54	-0.25	-0.24
Exchange Rate Effect	-0.01	-0.01	-0.10	-0.08	-0.00	-0.03	-	-	-
Net Change in Cash	7.76	7.76+23.8%	6.27	-21.66-202.3%	21.18+517.5%	3.43	-3.23-150.7%	6.37+316.3%	1.53
Free Cash Flow	10.40	10.40-57.9%	24.71+73.5%	14.24+22.4%	11.63	-8.15-192.0%	8.86+82.7%	4.85-60.3%	12.22
Preferred Dividends (Cash Flow)	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Free Cash Flow ratio	40.62	40.93	19.47	39.90	37.01	-	68.71	56.74	13.04
Deferred Taxes & Investment Tax Credit	-	0.84	-4.24	-3.36	-2.11	-0.33	-0.19	-0.28	-0.00

Balance sheet, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric	2026Q49/30/2026	2026Q36/30/2026	2026Q23/31/2026	2026Q112/31/2025	2025Q49/30/2025	2025Q36/30/2025	2025Q23/31/2025	2025Q112/31/2024
Cash & Short Term Investments	108.34+2.2%	101.22-13.7%	91.07-18.7%	96.44-14.7%	105.98-19.1%	117.23-5.3%	111.99-21.6%	113.01-30.6%
Short Term Receivables	20.43+13.6%	22.05-17.1%	20.86-13.8%	14.97+6.5%	17.99-15.6%	26.61-3.7%	24.20+10.5%	14.06-19.0%
Inventories	37.93-9.8%	33.39-37.9%	36.92-34.2%	40.20-32.1%	42.03-37.1%	53.75-28.2%	56.08-33.2%	59.22-37.4%
Other Current Assets	11.02-66.1%	14.22-5.5%	14.15+1.1%	14.13+21.7%	32.49+208.8%	15.04+52.2%	14.00+62.0%	11.61+541.4%
Total Current Assets	177.72-10.5%	170.89-19.6%	163.00-21.0%	165.74-16.3%	198.49-13.5%	212.64-10.0%	206.27-19.9%	197.91-28.5%
Net Property, Plant & Equipment	18.21+0.6%	19.23-49.1%	20.09-53.3%	17.24-58.9%	18.10-54.5%	37.78+1.0%	43.00+23.5%	41.99+16.1%
Total Investments and Advances	49.09-17.9%	53.90+34.2%	56.00+35.4%	60.29+43.8%	59.82+144.2%	40.17+66.1%	41.36+534.4%	41.92+544.9%
Intangible Assets	12.21-13.2%	12.65-27.3%	13.11+5.4%	13.64+8.3%	14.06+8.4%	17.41+34.4%	12.44-2.7%	12.600.0%
Deferred Tax Assets	9.62-26.8%	9.97+65.3%	10.85+58.9%	10.61+60.3%	13.14+114.4%	6.03+9.4%	6.83+140.5%	6.62+140.7%
Other Assets	0.45-91.7%	0.45-34.8%	0.49-49.0%	0.53-75.8%	5.44+134.5%	0.69-62.1%	0.96-3.0%	2.19+121.2%
Total Assets	267.30-13.5%	267.09-15.1%	263.55-15.2%	268.05-11.6%	309.05-2.0%	314.71-1.1%	310.86-1.4%	303.23-9.7%
Short Term Debt Incl. Current Port. of LT Debt	2.820.0%	2.74-80.8%	2.89-74.4%	2.89-55.1%	2.82-55.1%	14.27+59.6%	11.30-4.6%	6.44-32.6%
Accounts Payable	6.92-1.6%	5.12-41.1%	3.68-57.6%	3.85-11.1%	7.03+4.6%	8.69-4.0%	8.68+46.9%	4.33-41.2%
Other Current Liabilities	6.06-77.3%	5.78-55.3%	6.12-41.8%	6.47-18.7%	26.75+136.3%	12.93+27.0%	10.51+22.1%	7.96-0.9%
Total Current Liabilities	15.80-56.8%	13.63-62.0%	12.69-58.4%	13.21-29.5%	36.60+50.3%	35.89+27.4%	30.50+15.6%	18.73-24.9%
Long Term Debt	6.78+14.3%	7.54-47.5%	8.05-44.3%	5.19-69.6%	5.93-60.5%	14.35-6.1%	14.46+58.9%	17.07+71.2%
Provision for Risks Charges	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Liabilities	-	-	-	-	2.88+1700.0%	-	-	-
Other Liabilities	0.00-100.0%	0.00	0.00	0.00	7.47	0.00	0.00	0.00
Total Liabilities	22.59-57.3%	21.17-57.9%	20.74-53.9%	18.40-48.6%	52.89+33.9%	50.23+15.4%	44.96+24.2%	35.80+0.8%
Non-Equity Reserves	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Preferred Stock - Carrying Value	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Common Equity	244.72-4.5%	245.92-7.0%	242.81-8.7%	249.65-6.7%	256.16-7.1%	264.48-3.7%	265.90-4.8%	267.44-10.9%
Total Shareholders Equity	244.72-4.5%	245.92-7.0%	242.81-8.7%	249.65-6.7%	256.16-7.1%	264.48-3.7%	265.90-4.8%	267.44-10.9%
Accumulated Minority Interest	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity	244.72-4.5%	245.92-7.0%	242.81-8.7%	249.65-6.7%	256.16-7.1%	264.48-3.7%	265.90-4.8%	267.44-10.9%
Total Liabilities & Stockholders Equity	267.30-13.5%	267.09-15.1%	263.55-15.2%	268.05-11.6%	309.05-2.0%	314.71-1.1%	310.86-1.4%	303.23-9.7%
Book Value Per Share per share	18.08-2.3%	18.09-5.6%	17.83-6.2%	18.04-4.7%	18.51-4.5%	19.16-0.6%	19.00-2.0%	18.92-5.8%
Tangible Book Value Per Share per share	17.17-1.8%	17.16-4.1%	16.87-6.8%	17.05-5.4%	17.49-5.3%	17.90-2.6%	18.11-2.1%	18.03-6.3%
Full-Time Employees people	-	-	-	-	618-15.3%	-	-	-
Price to Book Ratio ratio	1.73	2.23	1.47	1.57	1.79	2.28	1.57	1.60
Return on Assets %	0.74	2.57	2.12	2.78	2.02	0.06	-0.59	-2.85
Return on Equity %	0.85	2.93	2.39	3.07	2.37	0.07	-0.68	-3.20
Return on Invested Capital %	-0.03	1.18	-0.21	-0.11	-3.46	0.58	0.47	-0.67
Quick Ratio ratio	8.85	10.08	9.93	9.50	4.27	4.43	4.92	7.41
Current Ratio ratio	11.25	12.53	12.84	12.55	5.42	5.93	6.76	10.57

Cash flow, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric	2026Q49/30/2026	2026Q36/30/2026	2026Q23/31/2026	2026Q112/31/2025	2025Q49/30/2025	2025Q36/30/2025	2025Q23/31/2025	2025Q112/31/2024
Net Income	0.60	2.66+65.2%	-0.53-139.8%	-0.61	-9.08	1.61	1.33	-1.91
Depreciation	1.54+340.0%	1.55-24.8%	1.57-16.0%	1.61-12.5%	0.35-81.9%	2.06+7.9%	1.87-0.5%	1.84+8.2%
Other Funds (Non Cash)	0.38-97.9%	1.30-23.5%	1.17+129.4%	2.87	17.76+390.6%	1.70	0.51+240.0%	-0.17
Funds from Operations	2.97-38.0%	6.45+20.3%	2.05-44.7%	3.50	4.79+636.9%	5.36	3.71	-0.24
Extraordinary Item	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Changes in Working Capital	2.30-64.8%	3.41+33.2%	-3.12	-3.56-148.2%	6.54-50.1%	2.56-55.0%	-0.66-200.0%	7.39-36.6%
Cash from Operating Activities	5.28-53.4%	9.86+24.5%	-1.07-135.1%	-0.06-100.8%	11.33-17.7%	7.92+104.7%	3.05	7.15-8.7%
Capital Expenditures	-0.68-241.7%	-0.91	-1.02	-0.99	0.48	-0.50	-2.65	-2.07
Net Assets From Acquisitions	0.00	0.00	0.00	-1.01	0.00	0.00	0.00	0.00
Sale of Fixed Assets and Businesses	0.00-100.0%	0.00	0.00	0.00	0.90	0.00	0.00	0.00
Purchase or Sale of Investments	6.05	2.82+110.4%	4.94+929.2%	1.71-88.9%	-20.49	1.34-89.2%	0.48-78.5%	15.46+365.7%
Purchase of Investments	-15.40	-18.23	-32.06	-19.95	-40.38	-19.46	-20.22	-39.02
Sale Or Maturity of Investments	21.45+7.8%	21.05+1.2%	37.00+78.7%	21.66-60.2%	19.89-0.5%	20.80-76.6%	20.70+828.3%	54.48+6.7%
Other Uses	0.00	0.00	0.00	0.00	-1.80	0.00	0.00	0.00
Other Sources	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash from Investing Activities	5.37	1.91+127.4%	3.92	-0.29-102.2%	-20.90	0.84-92.5%	-2.17-968.0%	13.39+1371.4%
Cash Dividends Paid	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Preferred Dividends (Cash Flow)	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Change in Capital Stock	-1.80-18100.0%	-0.62	-7.32	-5.04	0.01	-5.36	-4.74	-5.97
Repurchase of Common Pref Stock	-1.80-18100.0%	-0.90	-7.32	-5.28	0.01	-5.65	-4.74	-6.28
Sale of Common Pref Stock	0.00	0.27-6.9%	0.00	0.24-20.0%	0.00	0.29-14.7%	0.00	0.30+20.0%
Proceedsfrom Stock Options	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Issuance or Reduction of Debt, Net	-	0.00-100.0%	0.00-100.0%	0.00-100.0%	-4.34	1.87	2.39	0.08
Change in Long Term Debt	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Issuance of Long Term Debt	-	0.00	0.00	0.00	0.00-100.0%	0.00-100.0%	0.00	0.00
Reduction of Long Term Debt	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Financing Active Other Cash Flow	0.00-100.0%	-0.10	-0.01	-2.25	2.44	-0.12	-0.01	-0.49
Other Financing Activities Uses	0.00	-0.10	-0.01	-2.25	-0.56	-0.12	-0.01	-0.49
Cash from Financing Activities	-1.80	-0.72	-7.33	-7.29	-1.88	-3.60	-2.37	-6.39
Exchange Rate Effect	0.00-100.0%	0.00	0.00	-0.01-107.7%	0.01	-0.13	-0.11	0.13+44.4%
Net Change in Cash	8.85	11.04+119.9%	-4.47	-7.66-153.6%	-11.44	5.02-48.8%	-1.60	14.29
Free Cash Flow	4.60-61.0%	8.95+20.6%	-2.09-622.5%	-1.05-120.7%	11.81+20.5%	7.42+180.0%	0.40	5.08-6.3%
Price to Free Cash Flow ratio	40.62	30.69	22.49	21.76	19.26	26.46	23.37	35.76

Revenue breakdown

USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.

Region
Name	2025	2025 share
Non-US	5.24	3.5%
United States	144.90	96.5%
Total	150.13	100.0%

Segment
Name	2025	2025 share
Total Telephone & Telegraph Apparatus revenue	150.13	100.0%
Total	150.13	100.0%

Short interest

shares short against float, oldest to newest

Settlement	Of float	Shares short	Float	Avg volume
2026-10-30	11.38%	1.3M	11.1M	161.86K
2026-10-15	11.72%	1.3M	11.1M	175.90K
2026-09-30	11.71%	1.3M	11.1M	183.47K
2026-09-15	12.33%	1.4M	11.1M	196.35K
2026-08-31	12.29%	1.4M	11.1M	224.73K
2026-08-14	11.74%	1.3M	11.1M	273.41K
2026-07-31	11.62%	1.3M	11.1M	305.80K
2026-07-15	13.30%	1.5M	11.2M	300.54K
2026-06-30	12.52%	1.4M	11.1M	301.04K
2026-06-15	12.87%	1.4M	11.2M	282.99K
2026-05-29	15.50%	1.7M	11.2M	247.62K
2026-05-15	16.28%	1.8M	11.2M	190.16K
2026-04-30	17.47%	1.9M	11.1M	134.81K
2026-04-15	14.53%	1.6M	11.2M	127.31K
2026-03-31	11.86%	1.3M	11.3M	121.19K
2026-03-13	9.36%	1.1M	11.3M	115.43K
2026-02-27	9.21%	1.0M	11.3M	119.78K
2026-02-13	9.05%	1.0M	11.3M	131.49K
2026-01-30	8.24%	0.9M	11.4M	121.30K
2026-01-15	7.69%	0.9M	11.4M	111.47K

Option chain

expiry 2026-11-20

Type	Strike	Bid	Ask	Last	IV	Open int	Volume	Delta	Theta	Vega
call	15.00	14.60	18.00	0.00	561.5%	0.00	0.00	0.943	-0.131	0.005
call	17.50	12.10	15.20	0.00	434.6%	0.00	0.00	0.930	-0.127	0.006
call	20.00	10.20	12.80	0.00	369.1%	0.00	0.00	0.910	-0.128	0.007
call	22.50	7.30	10.20	5.40	291.6%	3.00	0.00	0.889	-0.119	0.009
call	25.00	4.50	7.60	7.55	221.9%	8.00	0.00	0.852	-0.114	0.011
call	30.00	0.95	2.55	1.65	102.3%	236	0.00	0.645	-0.106	0.017
call	35.00	0.10	0.45	0.25	87.7%	26.00	1.00	0.210	-0.075	0.013
call	40.00	0.00	0.55	0.40	144.1%	42.00	0.00	0.145	-0.097	0.010
put	15.00	0.00	0.55	0.00	387.7%	0.00	0.00	-0.057	-0.130	0.005
put	17.50	0.00	0.55	0.00	319.0%	0.00	0.00	-0.070	-0.125	0.006
put	20.00	0.00	0.60	0.31	266.2%	1.00	0.00	-0.090	-0.126	0.007
put	22.50	0.00	0.60	0.13	211.6%	110	0.00	-0.111	-0.117	0.009
put	25.00	0.00	0.65	0.41	166.0%	16.00	0.00	-0.148	-0.112	0.011
put	30.00	0.40	1.10	1.05	93.3%	49.00	0.00	-0.355	-0.103	0.017
put	35.00	3.50	5.10	0.00	149.3%	0.00	0.00	-0.790	-0.071	0.013
put	40.00	6.80	9.80	0.00	196.3%	0.00	0.00	-0.855	-0.092	0.010

Latest SEC filings

Filed	Form	Description	Period	Link
2026-11-10	8-K	Current report	2026-11-10	SEC
2026-10-20	8-K	Current report	2026-10-15	SEC
2026-10-19	SCHEDULE 13G/A			SEC
2026-08-06	10-Q	Quarterly report pursuant to Section 13 or 15(d)	2026-06-30	SEC
2026-08-05	8-K	Current report	2026-08-05	SEC
2026-07-28	8-K	Current report	2026-07-24	SEC
2026-07-27	SCHEDULE 13G			SEC
2026-07-06	4	Statement of changes in beneficial ownership of securities	2026-07-01	SEC
2026-07-02	4	Statement of changes in beneficial ownership of securities	2026-06-30	SEC
2026-07-02	4	Statement of changes in beneficial ownership of securities	2026-06-30	SEC
2026-07-02	4	Statement of changes in beneficial ownership of securities	2026-06-30	SEC
2026-07-02	4	Statement of changes in beneficial ownership of securities	2026-06-30	SEC
2026-07-01	144	Filing for proposed sale of securities under Rule 144.		SEC
2026-06-11	4	Statement of changes in beneficial ownership of securities	2026-06-09	SEC
2026-06-09	144	Filing for proposed sale of securities under Rule 144.		SEC
2026-06-03	4	Statement of changes in beneficial ownership of securities	2026-06-01	SEC
2026-06-01	144	Filing for proposed sale of securities under Rule 144.		SEC
2026-05-28	4	Statement of changes in beneficial ownership of securities	2026-05-27	SEC
2026-05-27	144	Filing for proposed sale of securities under Rule 144.		SEC
2026-05-27	SD	Specialized Disclosure Report		SEC
2026-05-12	4	Statement of changes in beneficial ownership of securities	2026-05-08	SEC
2026-05-12	4	Statement of changes in beneficial ownership of securities	2026-05-11	SEC
2026-05-11	144	Filing for proposed sale of securities under Rule 144.		SEC
2026-05-11	144	Filing for proposed sale of securities under Rule 144.		SEC
2026-05-08	144	Filing for proposed sale of securities under Rule 144.		SEC
2026-05-08	4	Statement of changes in beneficial ownership of securities	2026-05-06	SEC
2026-05-07	10-Q	Quarterly report pursuant to Section 13 or 15(d)	2026-03-31	SEC
2026-05-06	8-K	Current report	2026-05-06	SEC
2026-04-30	8-K	Current report	2026-04-25	SEC
2026-04-15	SCHEDULE 13G			SEC

Insider activity by month

Month	Bought	Buys	Sold	Sells
2026-11	0	0	0	0
2026-10	0	0	0	0
2026-09	0	0	0	0
2026-08	0	0	0	0
2026-07	0	0	71.23K	1
2026-06	0	0	419.09K	2
2026-05	0	0	549.01K	4
2026-04	0	0	0	0
2026-03	0	0	0	0
2026-02	0	0	115.04K	1
2026-01	0	0	0	0
2025-12	300.60K	1	0	0
2025-11	0	0	0	0

Institutional holders

Manager	% owned
AIGH Capital Management LLC	8.96%
BlackRock, Inc.	7.05%
ACK Asset Management LLC	5.96%
VANGUARD CAPITAL MANAGEMENT LLC	3.55%
DIMENSIONAL FUND ADVISORS LP	3.06%
STATE STREET CORP	2.89%
MAIRS & POWER INC	2.83%
VANGUARD PORTFOLIO MANAGEMENT LLC	2.73%
GEODE CAPITAL MANAGEMENT, LLC	2.15%
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.	2.04%

Funds

Fund	% owned
VANGUARD TOTAL STOCK MARKET INDEX FUND	2.52%
iShares Russell 2000 ETF	2.19%
VANGUARD INFORMATION TECHNOLOGY INDEX FUND	2.18%
Mairs & Power Fund	1.45%
Mairs & Power Small Cap Fund	1.21%
ROYCE MICRO-CAP TRUST, INC.	1.18%
VANGUARD EXTENDED MARKET INDEX FUND	0.94%
Fidelity Small Cap Index Fund	0.92%
State Street(R) SPDR(R) S&P(R) Telecom ETF	0.81%
iShares Russell 2000 Value ETF	0.80%

OakChart. CLFD. Cached 15 minutes. Terms