Highest-materiality recent filing
Clearfield Q2 net sales $34.4M, net loss $0.04 EPS; backlog up 39% QoQ
Net sales from continuing ops $34.4M, down 15% YoY; net loss per diluted share $0.04 vs income $0.18 YoY.
Clearfield extends $40M credit line maturity to July 24, 2026
Line of credit amount remains $40M; maturity extended from April 25, 2026 to July 24, 2026.
Clearfield shareholders elect eight directors at 2026 annual meeting; all proposals pass
Turnout 72.98% of 13.8M shares outstanding; 10.1M shares present at annual meeting.
Clearfield Q1 net sales up 16% to $34.3M; net loss per share -$0.04 improves from -$0.13 YoY
Net sales from continuing ops $34.3M (+16% YoY), above guidance of $30-33M.
Clearfield amends bylaws to add proxy access, universal proxy provisions, and exclusive forum
Shareholders owning 3%+ of stock for 3+ years can nominate up to 2 directors or 20% of board (whichever greater) via proxy access.
Clearfield reports Q4 EPS $0.13; FY2025 EPS $0.45; guides FY2026 rev $160-170M; buyback auth $85M
Q4 FY2025 net sales from cont ops $41.1M (+13% YoY); gross margin 34.6% vs 26.6%.
Clearfield divests Nestor Cables business via management buyout; expects accretive impact
Sold Clearfield Finland Oy (Nestor Cables) for $1 cash + contribution of $5.8M inter-company receivables.
Clearfield appoints Rebecca Seidel and Kathleen Skarvan to Board of Directors, effective Dec 10
Clearfield elected Rebecca Seidel and Kathleen Skarvan to its Board, effective December 10, 2025.
Clearfield Q3 net income $1.6M ($0.11 EPS) beats guidance; raises FY revenue view to $180-184M
Revenue $49.9M (+2% YoY); gross margin 30.5%, up from 21.9% on improved overhead absorption and inventory recoveries.
Clearfield returns to profitability in Q2; revenue $47.2M, EPS $0.09 vs loss $0.40
Net sales $47.2M (+28% YoY); Clearfield segment revenue up 47% YoY.
Clearfield extends $40M revolver maturity to April 2026
Maturity of $40M line of credit extended from April 27, 2025 to April 25, 2026.
Clearfield announces 2025 annual meeting voting results; all directors elected, say-on-pay approved
Annual meeting held Feb 27, 2025; 74.25% quorum (10,489,751 of 14,126,604 shares).
Clearfield reports Q1 FY2025 net loss $(0.13)/share on revenue $35.5M, reiterates FY guidance
Net sales $35.5M, up 4% YoY; net loss per share $(0.13) improved from $(0.35) YoY.
Director Patrick Goepel to leave Clearfield board at 2025 annual meeting
Patrick F. Goepel notified Clearfield on Dec 30, 2024 he will not stand for re-election at the 2025 annual meeting.
Clearfield adopts new Performance Stock Unit Award Agreement for fiscal 2025 executive awards
Compensation Committee approved new form of PSU Award Agreement on November 25, 2024.
Clearfield dismisses Baker Tilly, hires Deloitte as auditor effective Nov 18, 2024
Audit Committee dismissed Baker Tilly (auditor since 2013) after competitive evaluation; Deloitte & Touche LLP engaged.
Clearfield reports Q4 net loss $0.8M; revenue $46.8M down 6% YoY; FY2025 guide $170-185M
Q4 net sales $46.8M (down 5.9% YoY); net loss per share $(0.06) vs income $0.17 YoY; exceeded prior guidance.
Clearfield adopts new Incentive Bonus Plan for executives and key employees effective Oct 1, 2024
Plan provides cash bonuses based on achievement of financial, operational, or strategic targets set by Compensation Committee.
Clearfield Q3 FY2024 net loss per share $(0.04) beats guidance on revenue $48.8M
Revenue $48.8M (-20% YoY) exceeded outlook; net loss ($0.4M) vs net income $5.2M a year ago.
Clearfield Q2 net sales $36.9M, down 49% YoY; net loss $0.40 EPS; guides Q3 sales $40-44M
Q2 net sales $36.9M vs $71.8M YoY (-49%); net loss $0.40 EPS vs income $0.67.
Clearfield enters 7-year lease for ~318K sq ft Tijuana manufacturing facility
Lease dated April 4, 2024, effective April 1, 2024; Clearfield is joint and several obligor for tenant Prisma Shelter.
All eight director nominees elected with votes for ranging from 8.90M to 9.37M.
Clearfield Q1 fiscal 2024 revenue down 60% YoY, net loss of $5.3M
Net sales $34.2M, down 60% YoY; net loss $5.3M ($0.35 diluted) vs net income $14.3M ($1.00 diluted) YoY.
On December 30, 2024, Patrick F. Goepel, a director of Clearfield, Inc. (the “Company”), notified the Company of his decision not to stand for re-election to the Board of Directors (the “Board”) at the 2025 annual meeting of shareholders.
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.
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.
Max materiality 0.90 · Median 0.50 · Most common event earnings