Community Broadband Bill

Clearfield Reports Record Fiscal Third Quarter 2022 Results

Retrieved on: 
Thursday, July 28, 2022

Net sales for the fiscal third quarter of 2022 increased 84% to $71.3 million from $38.7 million in the same year-ago quarter.

Key Points: 
  • Net sales for the fiscal third quarter of 2022 increased 84% to $71.3 million from $38.7 million in the same year-ago quarter.
  • Gross profit for the fiscal third quarter of 2022 increased 71% to $29.3 million (or 41.1% of net sales) from $17.1 million (or 44.2% of net sales) in the fiscal third quarter of 2021.
  • Operating expenses for the fiscal third quarter of 2022 increased 35% to $12.7 million (or 17.9% of net sales), from $9.4 million (or 24.4% of net sales) in the same year-ago quarter.
  • Income from operations for the fiscal third quarter of 2022 increased 115% to $16.6 million from $7.7 million in the same year-ago quarter.

Clearfield Reports Record Fiscal Second Quarter 2022 Results

Retrieved on: 
Thursday, April 28, 2022

Net sales for the fiscal second quarter of 2022 increased 80% to $53.5 million from $29.7 million in the same year-ago quarter.

Key Points: 
  • Net sales for the fiscal second quarter of 2022 increased 80% to $53.5 million from $29.7 million in the same year-ago quarter.
  • Gross profit for the fiscal second quarter of 2022 increased 79% to $23.2 million (or 43.3% of net sales) from $12.9 million (or 43.6% of net sales) in the fiscal second quarter of 2021.
  • Operating expenses for the fiscal second quarter of 2022 increased 32% to $11.2 million, from $8.5 million in the same year-ago quarter.
  • Income from operations for the fiscal second quarter of 2022 increased 168% to $11.9 million from $4.5 million in the same year-ago quarter.

Clearfield Reports Record Fiscal First Quarter 2022 Results

Retrieved on: 
Thursday, January 27, 2022

Clearfield delivered another record-setting financial performance in the fiscal first quarter of 2022, in a market that continues to evolve and grow with each passing quarter.

Key Points: 
  • Clearfield delivered another record-setting financial performance in the fiscal first quarter of 2022, in a market that continues to evolve and grow with each passing quarter.
  • Net sales for the first quarter of fiscal 2022 increased 89% to $51.1 million from $27.1 million in the same year-ago quarter.
  • Operating expenses for the fiscal first quarter of 2022 totaled $9.9 million, compared to $7.7 million in the same year-ago quarter.
  • Income from operations for the first quarter of fiscal 2022 increased 251% to $13.0 million from $3.7 million in the same year-ago quarter.

Clearfield Reports Record Fiscal Fourth Quarter and Full Year 2021 Results

Retrieved on: 
Thursday, November 4, 2021

Net sales for the fourth quarter of fiscal 2021 increased 66% to $45.2 million from $27.3 million in the same year-ago quarter.

Key Points: 
  • Net sales for the fourth quarter of fiscal 2021 increased 66% to $45.2 million from $27.3 million in the same year-ago quarter.
  • Gross profit for the fourth quarter of fiscal 2021 increased 75% to $19.7 million (or 43.6% of net sales), from $11.2 million (or 41.2% of net sales), in the fourth quarter of fiscal 2020.
  • Operating expenses for the fourth quarter of fiscal 2021 totaled $10.4 million, which compares to $7.6 million in the same year-ago quarter.
  • Income from operations increased 155% to $9.4 million for the fourth quarter of fiscal 2021 from $3.7 million in the same year-ago quarter.

Insight Community Wireless Broadband Solution Helps Cities, Schools Bridge Digital Divide

Retrieved on: 
Wednesday, January 27, 2021

Insight Enterprises (NASDAQ: NSIT), the global integrator of Insight Intelligent Technology Solutions for organizations of all sizes, today announced its Community Wireless Broadband solution which, in public-private partnerships with communities, helps bring secure Internet connectivity to bridge the digital divide in rural and historically underserved counties, cities and schools.

Key Points: 
  • Insight Enterprises (NASDAQ: NSIT), the global integrator of Insight Intelligent Technology Solutions for organizations of all sizes, today announced its Community Wireless Broadband solution which, in public-private partnerships with communities, helps bring secure Internet connectivity to bridge the digital divide in rural and historically underserved counties, cities and schools.
  • The Community Wireless Broadband solution is provided through Insight Public Sector, Insights division serving the needs of federal, state, local and education government agencies.
  • Through our Community Wireless Broadband solution, were helping cities and school districts securely and reliably deliver the education promised to those students.
  • With government relief programs like the CARES Act making critical sources of funding available to help communities connect to broadband Internet, Insight Public Sector is partnering directly with municipalities to implement Community Wireless Broadband.

POLL: 9 Out of 10 US Voters Support Congress Using Federal Funds to Bring Broadband to All, and 62% Want Congress to Act “Immediately” to Close the Digital Divide

Retrieved on: 
Thursday, September 10, 2020

The majority of voters in the United States want Congress to act immediately to close the Digital Divide.

Key Points: 
  • The majority of voters in the United States want Congress to act immediately to close the Digital Divide.
  • According to the poll, nine out of 10 U.S. voters (90%) support Congress using federal funds to expand broadband internet network infrastructure to reach those living in areas not currently serviced by a broadband internet provider, and 62% want Congress to do so immediately.
  • Reaching universal broadband high-speed internet access for every American will bring enormous benefits to the U.S. economy and our society as a whole.
  • The following chart demonstrates the importance American voters place on bringing broadband internet access to groups that might not have it.

Tomorrow's Technology is Coming to the South Bay

Retrieved on: 
Wednesday, September 11, 2019

The purpose of this project is to integrate and provide high-speed broadband connectivity to the sixteen (16) members cities of the South Bay and the County of Los Angeles that comprise the SBCCOG.

Key Points: 
  • The purpose of this project is to integrate and provide high-speed broadband connectivity to the sixteen (16) members cities of the South Bay and the County of Los Angeles that comprise the SBCCOG.
  • A primary benefit of the network will be the delivery of high-speed broadband services allowing for improved regional coordination of local transportation systems.
  • The network will empower local governments and constituents by providing low-cost access to high-speed services typically reserved for carriers and large corporations.
  • "To provide basic services and compete in the global digital economy requires access to high-speed internet and cloud-based services.