secwatch.observer — SEC 8-K summary
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Issuer:     Clearfield, Inc. (CLFD)
CIK:        0000796505
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001171843-24-006129
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/796505/000117184324006129/0001171843-24-006129-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/796505/000117184324006129/f8k_110724.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-006129

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