Slide 1: FY14 Year-End FieldReport
‘CLEARFIELO FY14 Year-End “FieldReport”
Slide 2: FY14 Year-End FieldReport
WW, CLEARFIELD FY14 Year-End “FieldReport” Welcome to Clearfield’s fiscal year-end 2014 FieldReport. The FieldReport is Clearfield's quarterly on-line briefing to shareholders on Company performance.
Slide 3: Cheri Beranek, President and CEO
Cheri Beranek “| President and CEO This is Cheri Beranek, President and CEO for Clearfield. Each quarter, we will prepare an audio presentation with corresponding slides for your review and information. We also welcome your questions and encourage you to send these questions to our attention through
Slide 4: Dan Herzog, Chief Financial Officer
Dan Herzog Chief Financial Officer Revenue for the fourth quarter 2014 was $14,321,000 in comparison to revenue of $19,039,000 for the fourth quarter 2013, a decrease of 25% Gross profit was $5,897,000 for the fourth quarter of 2014, in comparison to $8,221,000 for the fourth quarter of 2013, a decr
Slide 5: Selected Fiscal Year Information
Clearfield, Inc. Selected Fiscal Year Information venue 20d GP Opecing ame Revenue for fiscal year 2014 was $58,045,000 in comparison to $53,353,000 for fiscal 2013, an increase of 9%. Gross profit was $24,599,000 for fiscal 2014, in comparison to $21,990,000 for fiscal 2013, an increase of 12%. Gro
Slide 6: Cheri Beranek, President and CEO
Cheri Beranek “| President and CEO To date, Clearfield has declined to provide specific revenue guidance as market factors outside of our influence and control can significantly alter revenues on a month to month and quarter over quarter basis. However, we want to ensure three things are clear:
Slide 7: Uneven revenue may continue; 2015 revenue outlook
* Uneven revenue may continue and revenues in the — first half of this fiscal year may be less than in the first half of last fiscal year. We have invested in considerable manufacturing capacity in the U.S. and Mexico and anticipate posting year-end 2015 revenue that will take advantage of this capa
Slide 8: Quarterly and Trailing 12 Months Revenue Trend Analysis
Quarterly 12 Months (TM) Revenue Trend Analysis, 70,000 Wad) (@1 2013 02 2013 032013 Q4 2013 01 2014 022014 032014 a4 2014 m Quarter Revenue s Traling 12 Month Revenue Rather than single quarter analysis, we believe in trend lines. From our perspective, trend lines are one of the best of true accomp
Slide 9: Customer Revenue Concentrations
Customer Revenue Concentrations 514,000,000 $12,000,000 $10,000,000, Customer $8,000,000 sm Customers 2500+ $6,000,000 $4,000,000 $2,000,000 0 2013 2013 2015 2013 2014 2016 2018 2014 | believe a look at customer concentration helps us best understand the picture. In the fourth quarter of FY13, 41% o
Slide 10: Quarterly and TTM Revenue with Forward-looking Linear Trend Calculations
12.000 ® 8 Quarterly and Trailing 12 Months (TTM) Revenue with Forward-looking Linear Trend Calculations 12013 022013 32013 42013 a12014 a22018 Q32014 A201 m Quarter Revenue snetinear Trend Lines Business analysts, will look at past data and extrapolate the trend line for future quarters, and see so
Slide 11: Annual Change in N. American FTTH Homes Connected
Annual Change in N. American FTTH Homes ~ Connected ‘Actuals and Forecast 3,000,000 2,300,000, 500.000 ° SEELEEESLES SPELLS ‘necctntntnise north American FTTH and Advanced Broadband Review nd Forecast to 2017 Render Vanderslice is a research organization that follows the Fiber to the Home Industry.
Slide 12: eet
=> eet oe PS As you may know, the Clearview Cassette teamed with our FieldSmart line of fiber ‘management enclosures is the market's only fiber management system based upon a single architecture that allows scalable deployment that aligns capital expenditures alongside our service providers’ custome
Slide 13: FieldShield MPO Pushable Connector
oe) We are exceptionally pleased with the industry's response to our FieldShield MPO Pushable Connector, which is designed to simplify the deployment of fiber where multiple fibers are required. Ensuring fiber protection and optical reliability, the FieldShield Pushable Multifiber Push-On (MPO) Conn
Slide 14: Clearfield Headquarters Under Construction
Clearfield Headquarters Under Construction: Occupancy January 2015 Clearfield has made it a practice to not announce customer “wins”, As our competitors are billion dollar organizations, it would be a competitive disadvantage for us to disclose significant details regarding our business. Furthermore
Slide 15: FY14 Year-End FieldReport
N CLEARFIELD FY14 Year-End “FieldReport” ‘Asa public company, itis a challenge to report revenue and earnings every 90 days. These short periods of time , whether the numbers are higher or lower than anticipated, rarely show the true picture of our success or opportunity. We believe a longer period