secwatch.observer — SEC 8-K summary
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Issuer:     Clearfield, Inc. (CLFD)
CIK:        0000796505
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001171843-26-003066
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearfield Q2 net sales $34.4M, net loss $0.04 EPS; backlog up 39% QoQ
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- Net sales from continuing ops $34.4M, down 15% YoY; net loss per diluted share $0.04 vs income $0.18 YoY.
- Order backlog $31.6M, up 39% from Dec 31, 2025 ($22.8M) and up 12% from Mar 31, 2025.
- Reiterates FY2026 guidance: net sales $160M–$170M (~10% growth at midpoint) and EPS $0.48–$0.62.
- Q3 FY2026 guidance: net sales $42M–$46M, EPS $0.17–$0.21.
- Repurchased 237k shares for $7.3M in Q2; $15.9M remaining under buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/796505/000117184326003066/0001171843-26-003066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/796505/000117184326003066/f8k_050626.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-003066

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