Clearfield (NASDAQ:CLFD) reported quarterly earnings of $1.22 per share which beat the analyst consensus estimate of $0.86 by 41.86 percent. This is a 130.19 percent increase over earnings of $0.53 per share from the same period last year. The company reported quarterly sales of $95.00 million which beat the analyst consensus estimate of $71.42 million by 33.02 percent. This is a 110.01 percent increase over sales of $45.24 million the same period last year.
Jefferies Downgrades Kadmon Holdings to Hold, Lowers Price Target to $9.5
Jefferies downgrades Kadmon Holdings (NASDAQ:KDMN) from Buy to Hold and lowers the price target from $10 to $9.5.