{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-24-002486","form_type":"8-K","ticker":"CLFD","cik":"0000796505","company_name":"Clearfield, Inc.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.995674+00:00","generated_at":"2026-06-03T01:13:57.519980+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Clearfield Q2 net sales $36.9M, down 49% YoY; net loss $0.40 EPS; guides Q3 sales $40-44M","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-24-002486","json":"https://secwatch.observer/filing/0001171843-24-002486.json","markdown":"https://secwatch.observer/filing/0001171843-24-002486.md","text":"https://secwatch.observer/filing/0001171843-24-002486.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/796505/000117184324002486/0001171843-24-002486-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/796505/000117184324002486/f8k_050224.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T01:13:57.519980+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}