---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-007568"
form_type: "8-K"
ticker: "CLFD"
cik: "0000796505"
company_name: "Clearfield, Inc."
filed_at: "2022-11-17T23:59:59+00:00"
generated_at: "2026-06-21T17:02:52.139717+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Clearfield posts record FY2022 revenue of $271M, up 92% YoY; guides FY2023 to 40-45% growth

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-22-007568
- form_type: 8-K
- ticker: CLFD
- cik: 0000796505
- company_name: Clearfield, Inc.
- filed_at: 2022-11-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/796505/000117184322007568/0001171843-22-007568-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/796505/000117184322007568/f8k_111722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-007568
- JSON: https://secwatch.observer/filing/0001171843-22-007568.json
- Plain text: https://secwatch.observer/filing/0001171843-22-007568.txt

## Key facts
- Earnings Releases
  Clearfield, Inc. updated its fourth quarter and fiscal year ended September 30, 2022 guidance (initiated).
  - Period: fourth quarter and fiscal year ended September 30, 2022
  - Guidance: initiated
  - Result: reported results
  source text: On November 17, 2022, Clearfield, Inc. (the “Company”) issued a press release announcing the results of its fourth quarter and fiscal year ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/796505/000117184322007568/0001171843-22-007568-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.