Clearfield Joins Forbes America’s Top Small Business Ranks

MINNEAPOLIS – (COMMERCIAL THREAD) –Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communications service providers, today announced its inclusion in the recently announced 2022 list of America’s Best Small Businesses by Forbes magazine. This marks Clearfield’s second inclusion in the prestigious list and the company is honored to be ranked 12the out of 100 selected companies.

“It has been an exciting year for Clearfield and crucial for the fiber broadband industry as we prepare to bridge the digital divide for everyone, across the United States,” said Cheri Beranek, CEO of Clearfield . “It is gratifying that Forbes recognizes the value we create for our investors, employees, partners and customers, and we are excited to join the other great companies listed to show what US companies can do. ”

The companies listed in this year’s collection of America’s Best Small Businesses were created using data from FactSet. Once collected, Forbes sifted through more than 1,000 companies that meet the criteria for small caps, having seen positive sales growth over the past 12 months and a stock price of at least $ 5. The determination of the companies included in the 2022 Top 100 ranking was based on earnings and sales growth, return on equity, and total equity return for the past 12 months available and over the past five years.

About Clearfield, Inc.

Clearfield, Inc. (NASDAQ: CLFD) designs, manufactures and distributes fiber optic management, protection and distribution products for communications networks. Our “fiber-to-anywhere” platform addresses the unique requirements of major incumbent local service operators (traditional operators), competing local network operators (alternative operators) and cable television / MSO companies, while meeting the broadband needs of utilities / municipalities, businesses, data centers and military markets. Headquartered in Minneapolis, Minnesota, Clearfield deploys more than one million fiber ports each year. For more information visit www.SeeClearfield.com.

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