---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-006129"
form_type: "8-K"
ticker: "CLFD"
cik: "0000796505"
company_name: "Clearfield, Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T04:07:23.949229+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Clearfield reports Q4 net loss $0.8M; revenue $46.8M down 6% YoY; FY2025 guide $170-185M

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-24-006129
- form_type: 8-K
- ticker: CLFD
- cik: 0000796505
- company_name: Clearfield, Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/796505/000117184324006129/0001171843-24-006129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/796505/000117184324006129/f8k_110724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-006129
- JSON: https://secwatch.observer/filing/0001171843-24-006129.json
- Plain text: https://secwatch.observer/filing/0001171843-24-006129.txt

## Key facts
- Executive change
  Ademir Sarcevic was appointed as director at Clearfield, Inc..
  - Action: appointed
  - Role: director
  source text: On November 5, 2024, the Board of Directors (the “Board”) of the Company appointed Ms. Catherine T. Kelly and Mr. Ademir Sarcevic to serve as directors of the Company, effective December 11, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/796505/000117184324006129/0001171843-24-006129-index.htm
- Executive change
  Catherine T. Kelly was appointed as director at Clearfield, Inc..
  - Action: appointed
  - Role: director
  source text: On November 5, 2024, the Board of Directors (the “Board”) of the Company appointed Ms. Catherine T. Kelly and Mr. Ademir Sarcevic to serve as directors of the Company, effective December 11, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/796505/000117184324006129/0001171843-24-006129-index.htm

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