We are thrilled to announce that Forbes magazine has named Clearfield “One of America’s Best Small Companies.” Clearfield was ranked 14th among public companies with less than a billion in sales. Rankings were based on earnings growth, sales growth and return on equity in the past 12 months and over five years. They also factored in stock performance versus the Company’s peer group during the last 12 months.
According to Forbes, “The last five years have been a traumatic one for American businesses, which lived through the Great Recession that kicked off at the end of 2007. Companies have dealt with sluggish GDP growth and rising unemployment. But the most nimble companies have thrived during this time, and they span all sectors of the economy from aerospace to auto parts to retail. The companies that met the challenge qualified for Forbes’ 35th annual list of America’s Best Small Companies.”
For the complete list, go to: http://www.forbes.com/best-small-companies/list/
We couldn’t be prouder.