Fiber-optics maker clears profit hurdle



By Steve Alexander, Star Tribune

Clearfield Inc. (NASDAQ:CLFD) of Plymouth now has a million-dollar bell.

“When we started the company in 2007, our salespeople would ring the bell for an order of $10,000 or more,” said CEO Cheri Beranek, 48. “Then we got a different bell for $100,000 orders.”

The fiber-optics connectivity firm’s million-dollar bell rang in sales in the just-completed fiscal year of $35.2 million, up 44 percent, while earnings were $6.2 million, up 422 percent.”

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