{"filings":[{"id":2078559,"accession_number":"0001171843-26-005241","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2026-08-05T20:00:18+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield Q3 net sales $43.9M (+13% YoY), EPS $0.22; cuts FY2026 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales from continuing ops $43.9M, up 13% YoY; net income $3.0M ($0.22 diluted EPS) vs $2.3M ($0.16) a year ago.","Gross margin 31.8% vs 35.3% YoY, impacted by $2.6M inventory charge (5.9 ppts) and $1.1M net inventory recoveries.","Received $22M order for hyperscale data center after quarter end; shipments expected early fiscal 2027.","FY2026 guidance reduced: net sales $151-155M, EPS $0.14-0.21; Q4 net sales $38-42M, EPS $0.00-0.07.","Share buybacks of $0.9M in Q3; $15.0M remaining under repurchase authorization."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1894809,"accession_number":"0001171843-26-004903","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2026-07-27T22:00:17+00:00","items":["1.01","9.01"],"status":"ready","headline":"Clearfield extends line of credit maturity to November 21, 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amendment No. 4 extends maturity from July 24, 2026 to November 21, 2026.","All other material terms of the loan agreement remain unchanged.","Company represents no default or event of default is continuing.","Loan agreement with Old National Bank, successor by merger to Bremer Bank."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98904,"accession_number":"0001171843-26-003066","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2026-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield Q2 net sales $34.4M, net loss $0.04 EPS; backlog up 39% QoQ","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales from continuing ops $34.4M, down 15% YoY; net loss per diluted share $0.04 vs income $0.18 YoY.","Order backlog $31.6M, up 39% from Dec 31, 2025 ($22.8M) and up 12% from Mar 31, 2025.","Reiterates FY2026 guidance: net sales $160M–$170M (~10% growth at midpoint) and EPS $0.48–$0.62.","Q3 FY2026 guidance: net sales $42M–$46M, EPS $0.17–$0.21.","Repurchased 237k shares for $7.3M in Q2; $15.9M remaining under buyback program."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":68732000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98903,"accession_number":"0001171843-26-002887","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2026-04-30T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Clearfield extends $40M credit line maturity to July 24, 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Line of credit amount remains $40M; maturity extended from April 25, 2026 to July 24, 2026.","Interest rate set at floating (SOFR + 1.85% margin) with a 1.80% floor; initial floating rate 5.50%.","Amendment adds default events including material adverse change and cross-default to other agreements.","Borrower waived jury trial for any disputes under the loan agreement.","No defaults are continuing under the amended loan agreement per company representation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114627,"accession_number":"0001171843-26-001184","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2026-02-27T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Clearfield shareholders elect eight directors at 2026 annual meeting; all proposals pass","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Turnout 72.98% of 13.8M shares outstanding; 10.1M shares present at annual meeting.","All 8 director nominees elected with at least 8.1M votes for each; no close contests.","Advisory say-on-pay approved: 8.28M for, 158k against, 21k abstain.","Deloitte & Touche LLP ratified as auditor for FY2026: 10.05M for, 48k against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114626,"accession_number":"0001171843-26-000624","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2026-02-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield Q1 net sales up 16% to $34.3M; net loss per share -$0.04 improves from -$0.13 YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales from continuing ops $34.3M (+16% YoY), above guidance of $30-33M.","Gross margin improved 4 ppts to 33.2% on better overhead absorption.","Net loss per diluted share -$0.04 vs -$0.13 YoY; discontinued ops loss narrowed.","Reiterated FY2026 guidance: net sales $160-170M, EPS $0.48-$0.62.","Share buybacks $5.2M; $23.1M remaining under $85M authorization."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":34341000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131001,"accession_number":"0001171843-25-007921","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2025-12-12T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Clearfield amends bylaws to add proxy access, universal proxy provisions, and exclusive forum","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders owning 3%+ of stock for 3+ years can nominate up to 2 directors or 20% of board (whichever greater) via proxy access.","New requirement for shareholder nominees to complete company questionnaire if requested.","Shareholders soliciting proxies for director nominees must certify compliance with SEC universal proxy rules; white proxy card reserved for board.","Bylaws mandate exclusive forum in Minnesota state courts for internal corporate claims and in federal district courts for Securities Act claims.","Amendments effective immediately upon Board adoption on December 10, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131000,"accession_number":"0001171843-25-007560","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2025-11-25T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield reports Q4 EPS $0.13; FY2025 EPS $0.45; guides FY2026 rev $160-170M; buyback auth $85M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 FY2025 net sales from cont ops $41.1M (+13% YoY); gross margin 34.6% vs 26.6%.","Full-year FY2025 cont ops net sales $150.1M (+20% YoY); EPS $0.45 vs $(0.58) loss.","Board increased share repurchase authorization from $65M to $85M; $28.4M available.","FY2026 rev guidance $160-170M; Q1 FY2026 rev $30-33M with potential loss per share.","Divested Nestor Cables (Europe); recorded $10.4M impairment in discontinued ops."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.58,"consensus_revenue_estimate":null,"consensus_revenue_actual":150134000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130999,"accession_number":"0001171843-25-007385","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2025-11-17T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Clearfield divests Nestor Cables business via management buyout; expects accretive impact","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sold Clearfield Finland Oy (Nestor Cables) for $1 cash + contribution of $5.8M inter-company receivables.","Business employs ~100 in Finland & Estonia; Nestor Cables will continue as a Clearfield supplier.","Expects one-time loss in fiscal Q4 2025 (minimal cash impact); transaction accretive to margins going forward.","Divestiture sharpens focus on core Community Broadband fiber connectivity; supports BABA vertical integration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130998,"accession_number":"0001171843-25-006755","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2025-10-29T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Clearfield appoints Rebecca Seidel and Kathleen Skarvan to Board of Directors, effective Dec 10","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Clearfield elected Rebecca Seidel and Kathleen Skarvan to its Board, effective December 10, 2025.","Seidel will serve on Audit and Compensation Committees; Skarvan on Audit and Nominating & Governance Committees.","Directors Charles Hayssen and Donald Hayward will retire at the end of their terms in late February 2026.","Seidel is SVP and President of Cardiac Ablation Solutions at Medtronic; Skarvan is former President/CEO of Electromed and a current board director."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147583,"accession_number":"0001171843-25-005111","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2025-08-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield Q3 net income $1.6M ($0.11 EPS) beats guidance; raises FY revenue view to $180-184M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $49.9M (+2% YoY); gross margin 30.5%, up from 21.9% on improved overhead absorption and inventory recoveries.","Net income $1.6M vs. loss of $0.4M a year ago; EPS $0.11 above top of guidance range.","Backlog $36.1M, up 6% sequentially and 11% YoY; demand driven by large regional service providers and MSOs.","FY2025 revenue guidance raised to $180-184M; Q4 forecast $47-51M revenue and $0.03-0.11 EPS.","Share repurchases totaled $5.6M in Q3, with $8.4M remaining under buyback program."],"consensus_eps_estimate":null,"consensus_eps_actual":0.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":132547000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166235,"accession_number":"0001171843-25-002979","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2025-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield returns to profitability in Q2; revenue $47.2M, EPS $0.09 vs loss $0.40","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $47.2M (+28% YoY); Clearfield segment revenue up 47% YoY.","Gross margin 30.1% vs 7.7%; net income $1.3M vs loss of $5.9M a year ago.","Backlog $34.1M, up 31% from Dec. 31, 2024; $4.7M in share repurchases in Q2.","FY2025 revenue guidance reaffirmed at $170M-$185M; Q3 net sales expected $45M-$50M.","Q3 diluted EPS guided $0.01-$0.08; management sees no material tariff impact."],"consensus_eps_estimate":0.051,"consensus_eps_actual":-0.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":82644000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166234,"accession_number":"0001171843-25-002516","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2025-04-25T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Clearfield extends $40M revolver maturity to April 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Maturity of $40M line of credit extended from April 27, 2025 to April 25, 2026.","Interest rate unchanged: SOFR + 1.85% margin; initial rate 6.17%.","All other material terms of the Loan Agreement remain unchanged.","Borrowing limit stays at $40M; no new covenants or fees disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183698,"accession_number":"0001171843-25-001194","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2025-03-03T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Clearfield announces 2025 annual meeting voting results; all directors elected, say-on-pay approved","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Annual meeting held Feb 27, 2025; 74.25% quorum (10,489,751 of 14,126,604 shares).","All eight director nominees elected with strong support; no director received less than 95% of votes cast.","Say-on-pay proposal approved: 8,763,947 for (96.8%), 238,268 against, 50,856 abstain.","Ratification of Deloitte & Touche as auditor for fiscal 2025: 10,456,105 for, 22,577 against, 11,069 abstain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183697,"accession_number":"0001171843-25-000677","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2025-02-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield reports Q1 FY2025 net loss $(0.13)/share on revenue $35.5M, reiterates FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $35.5M, up 4% YoY; net loss per share $(0.13) improved from $(0.35) YoY.","Gross margin expanded to 23.1% vs 13.7% due to $2.3M lower excess inventory charges.","Clearfield segment revenue up 6% YoY; order backlog $26.0M (+3.6% vs Sep 30, 2024).","Repurchased $6.2M in shares; $18.7M remains under buyback program.","Reiterated FY2025 revenue guidance $170-185M; Q2 guidance: revenue $37-40M, loss $(0.16)-$(0.21)/share."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.13,"consensus_revenue_estimate":null,"consensus_revenue_actual":35476000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183696,"accession_number":"0001171843-25-000050","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2025-01-06T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Director Patrick Goepel to leave Clearfield board at 2025 annual meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Patrick F. Goepel notified Clearfield on Dec 30, 2024 he will not stand for re-election at the 2025 annual meeting.","His departure is not due to any disagreement with the company's operations or policies.","Goepel currently serves on Audit and Compensation Committees; board term ends at the 2025 annual meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200292,"accession_number":"0001171843-24-006592","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2024-11-26T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Clearfield adopts new Performance Stock Unit Award Agreement for fiscal 2025 executive awards","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Compensation Committee approved new form of PSU Award Agreement on November 25, 2024.","Award Agreement sets standard terms for performance-based stock units vesting over a multi-year period.","Agreement will be used for executive officer PSU awards for fiscal year 2025.","No specific performance goals or award amounts disclosed in filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200291,"accession_number":"0001171843-24-006509","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2024-11-21T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Clearfield dismisses Baker Tilly, hires Deloitte as auditor effective Nov 18, 2024","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Audit Committee dismissed Baker Tilly (auditor since 2013) after competitive evaluation; Deloitte & Touche LLP engaged.","No disagreements or reportable events between Clearfield and Baker Tilly in FY2023, FY2024, or subsequent interim period.","Baker Tilly's audit reports for FY2023 and FY2024 were unqualified with no adverse opinion or modification.","Deloitte engagement approved Nov 18, 2024; no prior consultations on accounting principles or disagreements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200290,"accession_number":"0001171843-24-006129","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2024-11-07T23:59:59+00:00","items":["2.02","5.02","9.01"],"status":"ready","headline":"Clearfield reports Q4 net loss $0.8M; revenue $46.8M down 6% YoY; FY2025 guide $170-185M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $46.8M (down 5.9% YoY); net loss per share $(0.06) vs income $0.17 YoY; exceeded prior guidance.","Full year FY2024 net sales $166.7M (down 38% YoY); net loss $(12.5)M vs net income $32.5M YoY.","Generated positive cash flow from operations $22.2M in FY2024; reduced excess inventory.","Elected Kate Kelly and Ademir Sarcevic to Board effective Dec 11, 2024; Kelly on Audit/Nominating, Sarcevic on Audit/Compensation.","FY2025 revenue guidance $170-185M; Q1 FY2025 revenue $33-38M, loss per share $0.28-0.35."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.85,"consensus_revenue_estimate":null,"consensus_revenue_actual":166705000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216312,"accession_number":"0001171843-24-005058","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2024-09-04T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Clearfield adopts new Incentive Bonus Plan for executives and key employees effective Oct 1, 2024","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Plan provides cash bonuses based on achievement of financial, operational, or strategic targets set by Compensation Committee.","Covers executive officers and other designated employees selected by the Committee or delegated to CEO.","Bonus amounts expressed as percentage of base salary; metrics include sales, earnings, cash flow, ROE, TSR, etc.","Includes provisions for adjustments, recoupment, and treatment upon termination, retirement, disability, or death.","Effective Oct 1, 2024; adopted by Compensation Committee on Aug 28, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216311,"accession_number":"0001171843-24-004354","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2024-08-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield Q3 FY2024 net loss per share $(0.04) beats guidance on revenue $48.8M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $48.8M (-20% YoY) exceeded outlook; net loss ($0.4M) vs net income $5.2M a year ago.","Gross margin improved to 21.9% from 7.7% in Q2 but down from 31.1% in Q3 2023.","Order backlog fell 31% QoQ to $32.6M; Q4 revenue guided $40-43M with loss per share $(0.17)-(0.22).","Repurchased $5.5M in shares; $24.9M remains available under buyback program.","Community Broadband sales on par with last year; BEAD revenue not expected until late calendar 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.79,"consensus_revenue_estimate":null,"consensus_revenue_actual":119933000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235879,"accession_number":"0001171843-24-002486","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2024-05-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield Q2 net sales $36.9M, down 49% YoY; net loss $0.40 EPS; guides Q3 sales $40-44M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net sales $36.9M vs $71.8M YoY (-49%); net loss $0.40 EPS vs income $0.67.","Gross margin collapsed to 7.7% from 32.8% due to excess capacity and inventory reserves.","Backlog $47.2M, up 8.6% sequentially but down 56% YoY.","Board increased share repurchase authorization to $65M; $30.4M available after $15.5M repurchased in Q2.","Q3 guidance: net sales $40-44M, net loss per share $0.31-$0.38."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.75,"consensus_revenue_estimate":null,"consensus_revenue_actual":71140000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235878,"accession_number":"0001171843-24-001935","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2024-04-09T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Clearfield enters 7-year lease for ~318K sq ft Tijuana manufacturing facility","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Lease dated April 4, 2024, effective April 1, 2024; Clearfield is joint and several obligor for tenant Prisma Shelter.","Base monthly rent $168,786.19 (2% annual increase) plus additional $13,238.13/month for maintenance, taxes, insurance.","Facility previously used by a third-party maquiladora; Clearfield changing to new maquiladora Prisma Shelter.","Term 7 years (5 mandatory) with two 5-year renewal options."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253644,"accession_number":"0001171843-24-000982","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2024-02-26T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Clearfield shareholders elect all eight director nominees and approve say-on-pay and auditor ratification","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All eight director nominees elected with votes for ranging from 8.90M to 9.37M.","Advisory say-on-pay approved with 8,941,891 for, 467,437 against.","Ratification of Baker Tilly as independent auditor approved with 11,091,725 for.","Meeting attendance: 11,149,675 shares (74.38%) of 14,989,567 outstanding shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253643,"accession_number":"0001171843-24-000519","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2024-02-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield Q1 fiscal 2024 revenue down 60% YoY, net loss of $5.3M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $34.2M, down 60% YoY; net loss $5.3M ($0.35 diluted) vs net income $14.3M ($1.00 diluted) YoY.","Gross margin fell to 13.7% from 35.7% due to excess capacity and inventory reserves; backlog $43.5M, down 24% sequentially.","Repurchased ~$12M in shares under buyback program, leaving $21M available; Q2 FY24 revenue guidance $29-33M, net loss per share $(0.49)-(0.55).","Expects full Build America, Buy America Act compliance by end of 2024; launched new smaller vault product."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.35,"consensus_revenue_estimate":null,"consensus_revenue_actual":34230000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271083,"accession_number":"0001171843-23-007107","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2023-11-14T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Clearfield adopts FY 2024 bonus plan for CEO, COO, CFO with net sales and gross profit targets","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["CEO and COO target bonus at 60% of base salary, max 200%; CFO target 60%, max 100%.","FY 2024 bonus based 75% on net sales and 25% on gross profit, consolidated GAAP.","If target not met for a metric, no payout for that metric; proportional increase up to max.","Bonus subject to clawback under Company's Compensation Recoupment Policy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271082,"accession_number":"0001171843-23-007013","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2023-11-13T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Clearfield boosts share repurchase authorization to $40M from $22M; ~$33M available","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Board increased repurchase program to $40M, up from previous $22M.","Approximately $33 million remains available for share repurchases.","CEO states move reflects Board's view that shares are undervalued relative to long-term opportunity.","Repurchases may be executed via open market, block trades, or Rule 10b5-1 plans.","Program funded by cash on hand; no obligation to repurchase any minimum amount."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271081,"accession_number":"0001171843-23-006950","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2023-11-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield Q4 net sales down 48% YoY to $49.7M; guides Q1 revenue $28-32M with net loss","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $2.7M ($0.17 diluted EPS) vs $17.0M ($1.22) a year ago; gross margin dropped to 24.1% from 39.5%.","FY2023 net sales $268.7M (-0.8% YoY); net income $32.5M ($2.17) vs $49.4M ($3.55).","Board increased share repurchase authorization to $40M from $22M.","Guidance for Q1 FY2024: revenue $28-32M, net loss per share $0.36-0.44.","Order backlog decreased to $57.3M from $74.7M sequentially and from $164.9M a year ago."],"consensus_eps_estimate":null,"consensus_eps_actual":2.17,"consensus_revenue_estimate":null,"consensus_revenue_actual":268720000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271080,"accession_number":"0001171843-23-006057","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2023-10-04T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Clearfield amends Compensation Recoupment Policy to comply with SEC/Nasdaq clawback rules","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Mandatory recoupment of erroneously awarded incentive-based compensation from executive officers upon an accounting restatement.","Discretionary recoupment from senior officers for errors in performance calculation or detrimental conduct.","Applies to all incentive-based compensation received on or after October 1, 2021.","Policy administered by Board or Compensation Committee; no indemnification for clawed-back amounts."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287961,"accession_number":"0001171843-23-004984","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K/A","filed_at":"2023-08-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield Q3 net sales $61.3M (-14% YoY), EPS $0.33 vs $0.92; raises FY EPS guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $5.2M ($0.33 diluted EPS) vs $12.7M ($0.92) a year ago; gross margin fell to 31.1% from 41.1%.","Backlog $74.7M, down 31% sequentially and 52% YoY, as customers digest inventory.","FY 2023 revenue guidance reiterated at $260-275M; EPS guidance raised to $2.05-2.15 from $1.80-2.10.","International revenue from Nestor Cables contributed $13.4M; organic revenue fell 33% YoY.","Management cites cautious community broadband spending and inventory digestion, expects impact into fiscal 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":2.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":219035000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287962,"accession_number":"0001171843-23-004976","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2023-08-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield Q3 net sales down 14% YoY; raises FY2023 EPS guidance to $2.05-$2.15","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 net sales $61.3M (-14% YoY); net income $5.2M (-59%); diluted EPS $0.33 vs $0.92.","Gross margin 31.1% vs 41.1% YoY, hurt by excess capacity and Nestor acquisition.","Order backlog $74.7M, down 31% sequentially and 52% YoY.","Reiterated FY2023 revenue guidance $260-275M; raised EPS guidance from $1.80-2.10 to $2.05-2.15.","Expects near-term headwinds from customer inventory digestion and cautious community broadband capex into FY2024."],"consensus_eps_estimate":null,"consensus_eps_actual":2.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":219035000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308341,"accession_number":"0001171843-23-003030","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2023-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield reports Q2 FY2023 results via earnings presentation; no specific numbers extracted from filing","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Filed 8-K furnishing earnings presentation for fiscal second quarter ended March 31, 2023.","Presentation includes remarks from CEO Cheryl Beranek, CFO Daniel Herzog, and CMO Kevin Morgan.","No financial data (revenue, EPS, guidance) available from the limited exhibit text provided.","Webcast and conference call held on May 4, 2023; full results not disclosed in this excerpt."],"consensus_eps_estimate":null,"consensus_eps_actual":1.67,"consensus_revenue_estimate":null,"consensus_revenue_actual":157751000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308340,"accession_number":"0001171843-23-002886","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2023-05-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield Q2 revenue up 34% to $71.8M; cuts FY23 guidance on customer inventory digestion","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $71.8M (+34% YoY), net income $10.4M ($0.67 diluted EPS), gross margin fell to 32.8% from 43.3%.","FY23 guidance slashed: net sales $260-275M (midpoint down ~$120M), EPS $1.80-2.10 (down $2.45 at midpoint).","Order backlog declined 21% sequentially to $107.6M on faster fulfillment and normalizing ordering patterns.","CEO cites demand lull as Large Regional Service Providers and cable operators digest excess pandemic inventory.","Company rightsizing capacity to current demand but maintains long-term rural broadband build optimism."],"consensus_eps_estimate":null,"consensus_eps_actual":1.67,"consensus_revenue_estimate":null,"consensus_revenue_actual":157751000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327186,"accession_number":"0001171843-23-001158","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2023-02-24T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Clearfield adopts 2023 bonus plan with net sales/EBITDA metrics; grants restricted stock at $100/share","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["2023 Bonus Plan uses net sales (75% weight) and adjusted EBITDA (25% weight) for executive cash incentives.","CEO Beranek and COO Hill: min 60%, target 100%, max 200% of base salary; CFO Herzog: min 60%, target 75%, max 100%.","Restricted stock grants: Beranek and Hill 10,000 shares each, Herzog 5,000 shares, at $100/share reference price.","Grants contingent on shareholder approval of 2022 Stock Compensation Plan; grant date after 2023 annual meeting.","All bonus payments subject to clawback under Compensation Recoupment Policy adopted Sept 23, 2021."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327185,"accession_number":"0001171843-23-001155","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2023-02-24T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Shareholders approve 2022 Stock Compensation Plan and elect eight directors at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved 2022 Stock Compensation Plan, reserving 600,000 shares plus carryover from prior plan.","All eight director nominees elected, including Cheryl Beranek, Ronald Roth, Patrick Goepel, Roger Harding, Charles Hayssen, Donald Hayward, Walter Jones, Carol Wirsbinski.","Advisory vote on executive compensation approved: 8,612,745 for, 1,502,516 against.","Advisory vote on frequency of future say-on-pay: 1 year approved with 9,717,952 votes.","Ratification of Baker Tilly US, LLP as independent auditor for FY2023 approved: 12,067,755 for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327184,"accession_number":"0001171843-23-000705","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2023-02-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield reports Q1 FY2023 earnings; specific figures not available in provided excerpt","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Filing furnishes FieldReport slide presentation for quarter ended Dec 31, 2022.","Remarks delivered by CEO Cheryl Beranek and CFO Daniel Herzog via webcast and conference call.","Full financial results not included in the excerpt provided; refer to official release for details."],"consensus_eps_estimate":null,"consensus_eps_actual":1.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":85942000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327183,"accession_number":"0001171843-23-000637","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2023-02-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield Q1 revenue up 68% YoY to $86M; EPS $1.00; reaffirms FY revenue guidance $380-393M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $85.9M, up 68% YoY from $51.1M; diluted EPS $1.00 vs $0.75, up 33%.","Reaffirmed FY2023 revenue guidance $380-393M (40-45% growth); introduced FY net income guidance $4.30-$4.50 per share.","Gross margin 35.7% vs 44.9% due to capacity investments; expects improvement as revenue scales later in FY.","Backlog $136M, down 17% sequentially; lead times improved to 8-10 weeks from 10-12 months. Company will stop reporting backlog.","Organic revenue grew 53% to $78M; Nestor Cables contributed $8M. Strength in Community Broadband, MSO, and National Carrier markets."],"consensus_eps_estimate":null,"consensus_eps_actual":1.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":85942000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327182,"accession_number":"0001171843-23-000454","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2023-01-25T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Clearfield adopts 2022 Stock Compensation Plan, amends option surrender provision","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Plan reserves 600,000 shares plus any remaining or forfeited shares from prior 2007 plan.","Amendment clarifies stock options may not be surrendered for cash without shareholder approval.","Plan subject to shareholder approval at 2023 annual meeting; no further awards under 2007 plan.","Annual limit on non-employee director awards set at $500,000 value.","Plan includes standard terms for options, SARs, restricted stock, and performance awards."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":344913,"accession_number":"0001171843-22-008212","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2022-12-27T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Clearfield approves FY2023 executive salary increases up to 36.9% and raises director compensation","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Cheryl Beranek and COO John Hill base salaries raised to $425,000 each (13.5% increase); CFO Daniel Herzog to $340,000 (+36.9%).","Non-employee director annual restricted stock award increased to $60,000; cash retainer raised to $40,000.","Committee chairs and Chairman get additional $10,000 annual cash retainer (10% of board comp).","Compensation changes effective Oct 10, 2022; based on Compensia recommendations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":344912,"accession_number":"0001171843-22-007943","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2022-12-09T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Clearfield closes upsized $120M public stock offering, net proceeds $130.4M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sold 1,380,000 shares (including full underwriter option exercise) at $100/share public price.","Net proceeds to company of $130.4M before expenses; used for working capital and general corporate purposes.","Cowen and Needham & Co. acted as joint book-running managers; 90-day lock-up for officers and directors.","Offering closed on December 9, 2022; initial underwriter option for 180,000 shares exercised in full."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":344911,"accession_number":"0001171843-22-007608","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2022-11-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield reports Q4 and FY2022 results; detailed figures not in filing excerpt","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Clearfield issued a FieldReport for fiscal Q4 and year ended September 30, 2022 via webcast on November 17, 2022.","CEO Cheryl Beranek and CFO Daniel Herzog delivered prepared remarks.","The filing's attached presentation is truncated; specific financial figures (EPS, revenue, guidance) are not included in the provided text."],"consensus_eps_estimate":null,"consensus_eps_actual":3.55,"consensus_revenue_estimate":null,"consensus_revenue_actual":270883000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":344910,"accession_number":"0001171843-22-007568","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2022-11-17T23:59:59+00:00","items":["2.02","5.02","9.01"],"status":"ready","headline":"Clearfield posts record FY2022 revenue of $271M, up 92% YoY; guides FY2023 to 40-45% growth","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $95.0M (+110% YoY); diluted EPS $1.22 vs $0.53 prior year.","FY2022 revenue $270.9M (+92%), net income $49.4M ($3.55 diluted EPS) vs $20.3M ($1.47) in FY2021.","Backlog at year-end $165M, up 148% from $66M; Nestor Cables contributed $7M in Q4 revenue.","FY2023 net sales guidance of $380M-$393M, representing 40-45% growth over FY2022.","CEO Cheri Beranek awarded $955k cash bonus (255% of salary) plus $286k in stock based on FY2022 performance."],"consensus_eps_estimate":null,"consensus_eps_actual":3.55,"consensus_revenue_estimate":null,"consensus_revenue_actual":270883000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":361388,"accession_number":"0001171843-22-005165","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2022-07-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield reports fiscal Q3 2022 earnings; details omitted in excerpt","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Company issued FieldReport for quarter ended June 30, 2022 via webcast on July 28, 2022.","Remarks by CEO Cheryl Beranek and CFO Daniel Herzog accompanied the slide presentation.","Specific financial figures (revenue, EPS) not included in the provided excerpt; refer to full FieldReport."],"consensus_eps_estimate":null,"consensus_eps_actual":2.33,"consensus_revenue_estimate":null,"consensus_revenue_actual":175854000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":361387,"accession_number":"0001171843-22-005117","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2022-07-28T23:59:59+00:00","items":["2.01","2.02","2.03","9.01"],"status":"ready","headline":"Clearfield Q3 revenue record $71.3M (+84% YoY); EPS $0.92; closes Nestor acquisition; raises FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $71.3M (+84% YoY); net income $12.7M ($0.92 diluted EPS) vs $6.1M ($0.44) YoY.","Quarter-end backlog $157M, up 16% sequentially from $136M; +289% YoY.","Raised FY2022 net sales guidance to $243-247M (excl. Nestor), representing 72-75% YoY growth.","Closed acquisition of Nestor Cables for ~$23M (incl. fees), funded via $16.7M draw on credit facility; expects accretion in FY2023."],"consensus_eps_estimate":null,"consensus_eps_actual":2.33,"consensus_revenue_estimate":null,"consensus_revenue_actual":175854000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":380665,"accession_number":"0001171843-22-003828","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2022-05-19T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Clearfield announces agreement to acquire Nestor Cables Oy","summary_kind":"llm","event_type":"m_and_a","confidence":"medium","bullets":["Entered into a share purchase agreement to buy all issued and outstanding shares of Nestor Cables Ltd.","Acquisition announced via webcast and conference call on May 17, 2022, with CEO and CFO remarks.","Filing does not disclose purchase price, financing details, or expected closing date.","Nestor Cables is a Finland-based company; no further business description provided in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":380664,"accession_number":"0001171843-22-003747","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2022-05-17T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Clearfield to acquire Nestor Cables for ~$23M; plans Mexico fiber production in 2023","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Total acquisition value approx. US$23M; ~$17M cash at close from credit facility.","Nestor generated EUR 31.7M revenue in 2021; serves customers in 50+ countries.","Clearfield plans to begin fiber optic cable production in Mexico by early 2023.","Deal expected to close in a few months, subject to Finnish foreign acquisition screening.","Accretive to Clearfield earnings; Nestor to operate as subsidiary."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":380663,"accession_number":"0001171843-22-003013","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2022-04-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearfield announces Q2 FY2022 earnings; financial details not in provided exhibit text","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Hosted webcast and conference call on April 28, 2022 for Q2 ended March 31, 2022.","CEO Cheryl Beranek and CFO Daniel Herzog presented the FieldReport slide deck.","No specific revenue, EPS, or guidance figures are available in the 8-K exhibit text.","Full FieldReport is accessible via the investor relations section of Clearfield's website."],"consensus_eps_estimate":null,"consensus_eps_actual":1.41,"consensus_revenue_estimate":null,"consensus_revenue_actual":104604000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":380662,"accession_number":"0001171843-22-002965","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2022-04-28T23:59:59+00:00","items":["1.01","2.02","2.03","9.01"],"status":"ready","headline":"Clearfield reports record Q2 FY2022 revenue $53.5M (+80% YoY); raises FY guidance to $204-218M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $53.5M (+80% YoY); net income $9.2M ($0.66 diluted EPS) vs $0.27 prior year.","Record order backlog $136M (+34% seq, +605% YoY); strong demand visibility.","FY2022 net sales guidance raised to $204-218M (45-55% YoY growth) from prior $177-183M.","Secured $40M revolving credit line with Bremer Bank, maturing April 2025, at SOFR+1.85%.","Opened new distribution center in MN and manufacturing center in Mexico; added 200 staff (+50% headcount)."],"consensus_eps_estimate":null,"consensus_eps_actual":1.41,"consensus_revenue_estimate":null,"consensus_revenue_actual":104604000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":696595751.8554422,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":398748,"accession_number":"0001171843-22-001461","cik":796505,"company_name":"Clearfield, Inc.","ticker":"CLFD","form_type":"8-K","filed_at":"2022-02-28T23:59:59+00:00","items":["5.02","5.07"],"status":"ready","headline":"Annual meeting results: all eight director nominees elected, say-on-pay and auditor ratified","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Shareholders elected all eight board nominees, including Walter L. 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