---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-004354"
form_type: "8-K"
ticker: "CLFD"
cik: "0000796505"
company_name: "Clearfield, Inc."
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T14:07:36.935670+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Clearfield Q3 FY2024 net loss per share $(0.04) beats guidance on revenue $48.8M

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-24-004354
- form_type: 8-K
- ticker: CLFD
- cik: 0000796505
- company_name: Clearfield, Inc.
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/796505/000117184324004354/0001171843-24-004354-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/796505/000117184324004354/f8k_080124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-004354
- JSON: https://secwatch.observer/filing/0001171843-24-004354.json
- Plain text: https://secwatch.observer/filing/0001171843-24-004354.txt

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