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Clearfield Inc

For the period ended Sep 30, 2024. Filed Nov 15, 2024.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Nov 15, 2024

CLFD$30.55+6.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Earnings

CLEARFIELD, INC.
CONSOLIDATED STATEMENTS OF EARNINGS
(IN THOUSANDS, EXCEPT SHARE DATA)
Year EndedYear EndedYear Ended
September 30,September 30,September 30,
202420232022
Net sales$166,705$268,720$270,883
Cost of sales137,816183,441157,936
Gross profit28,88985,279112,947
Operating expenses
Selling, general and administrative52,11147,99249,130
(Loss) Income from operations(23,222)37,28763,817
Net investment income7,4725,206328
Interest expense(506)(881)(311)
(Loss) Income before income taxes(16,256)41,61263,834
Income tax (benefit) expense(3,803)9,07914,472
Net (loss) income$(12,453)$32,533$49,362
Net (loss) income per share Basic(0.85)2.173.58
Net (loss) income per share Diluted$(0.85)$2.17$3.55
Weighted average shares outstanding:
Basic14,582,45014,975,97213,771,665
Diluted14,582,45015,012,52713,905,984
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.