secwatch.observer — SEC 8-K summary
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Issuer:     Clearfield, Inc. (CLFD)
CIK:        0000796505
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0001171843-25-000677
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearfield reports Q1 FY2025 net loss $(0.13)/share on revenue $35.5M, reiterates FY guidance
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- Net sales $35.5M, up 4% YoY; net loss per share $(0.13) improved from $(0.35) YoY.
- Gross margin expanded to 23.1% vs 13.7% due to $2.3M lower excess inventory charges.
- Clearfield segment revenue up 6% YoY; order backlog $26.0M (+3.6% vs Sep 30, 2024).
- Repurchased $6.2M in shares; $18.7M remains under buyback program.
- Reiterated FY2025 revenue guidance $170-185M; Q2 guidance: revenue $37-40M, loss $(0.16)-$(0.21)/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/796505/000117184325000677/0001171843-25-000677-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/796505/000117184325000677/f8k_020625.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-000677

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