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Clearfield posts 4Q profit

BROOKLYN PARK, Minn. (AP) _ Clearfield Inc. (CLFD) on Thursday reported fiscal fourth-quarter earnings of $1.3 million.

On a per-share basis, the Brooklyn Park, Minnesota-based company said it had profit of 9 cents.

The maker of fiber optic management products posted revenue of $18.4 million in the period.

For the year, the company reported profit of $3.8 million, or 28 cents per share. Revenue was reported as $73.9 million.

Clearfield shares have decreased 33 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $13.80, a fall of 25 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLFD at https://www.zacks.com/ap/CLFD