{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-000637","form_type":"8-K","ticker":"CLFD","cik":"0000796505","company_name":"Clearfield, Inc.","filed_at":"2023-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.109998+00:00","generated_at":"2026-06-20T03:00:39.036165+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Clearfield Q1 revenue up 68% YoY to $86M; EPS $1.00; reaffirms FY revenue guidance $380-393M","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-000637","json":"https://secwatch.observer/filing/0001171843-23-000637.json","markdown":"https://secwatch.observer/filing/0001171843-23-000637.md","text":"https://secwatch.observer/filing/0001171843-23-000637.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/796505/000117184323000637/0001171843-23-000637-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/796505/000117184323000637/f8k_020223.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T03:00:39.036165+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bebb0613bb4d8e60d4b3a60255f15fdcd0860e1e","claim":"Clearfield, Inc. reported first quarter of fiscal 2023 ended December 31, 2022 results: revenue $ 85.9, net income $ 14.3, EPS $ 1.00. Guidance reaffirmed.","evidence_excerpt":"PRESS RELEASE EdgarFiling EXHIBIT 99.1 Clearfield Reports Fiscal First Quarter 2023 Results Revenue f or the F irst Q uarter of Fiscal 2023 G rew 68 % Year -over- Y ear to $ 86 M illion . Net Income for the First Quarter of Fiscal 2023 Totaled $14.3 Million, or $1.00 per Diluted Share, an Improvement of 37% from $10.4 Million, or $0.75 per Diluted Share,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/796505/000117184323000637/0001171843-23-000637-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of fiscal 2023 ended December 31, 2022"},{"label":"Revenue","value":"$ 85.9"},{"label":"Net income","value":"$ 14.3"},{"label":"EPS","value":"$ 1.00"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}