Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Clearfield Inc    CLFD

CLEARFIELD INC

(CLFD)
  Report  
SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

CLEARFIELD, INC. : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/15/2019 | 12:39pm EDT

Item 1.01 Entry into a Material Definitive Agreement.

On May 9, 2019, Clearfield, Inc. (the "Company") entered into a first amendment (the "First Amendment") to the Company's lease agreement dated September 9, 2014 with First Industrial, L.P. relating to its headquarters at 7050 Winnetka Avenue North, Brooklyn Park, Minnesota. Pursuant to the First Amendment, the leased premises was expanded to include an additional 14,263 square feet of primarily warehouse space from and after June 30, 2019. The First Amendment also changed the schedule for base rent from and after June 30, 2019, resulting in an increase in base rent of approximately $130,000 on an annualized basis due to the expansion. The Company will have the same termination option over the expansion space as it has over the currently leased space; however, the termination fee was increased by $35,000 through the First Amendment.

The foregoing summary of the First Amendment does not purport to be complete and is subject to and qualified in its entirety by reference to the First Amendment attached hereto as Exhibit 10.1 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.




Exhibit No. Description

10.1 First Amendment to Lease Agreement dated May 9, 2019 by and between

            First Industrial, L.P. and Clearfield, Inc.

© Edgar Online, source Glimpses

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CLEARFIELD INC
05/15CLEARFIELD, INC. : Entry into a Material Definitive Agreement, Financial Stateme..
AQ
05/15CLEARFIELD : Scales Operations and R&D Facilities in North America
BU
05/01CLEARFIELD : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RES..
AQ
04/29CLEARFIELD, INC. : Results of Operations and Financial Condition, Financial Stat..
AQ
04/25CLEARFIELD : Fiscal 2Q Earnings Snapshot
AQ
04/25CLEARFIELD, INC. : Results of Operations and Financial Condition, Financial Stat..
AQ
04/25CLEARFIELD : Reports Fiscal Second Quarter 2019 Results
AQ
04/19CLEARFIELD : Going Paperless
PU
04/18CLEARFIELD SETS FISCAL SECOND QUARTE : 00 p.m. ET
GL
04/09CLEARFIELD : How In-Cassette Splicing Reduces Your Costs
PU
More news
Financials ($)
Sales 2019 85,3 M
EBIT 2019 5,04 M
Net income 2019 4,25 M
Debt 2019 -
Yield 2019 -
P/E ratio 2019 45,77
P/E ratio 2020 33,79
Capi. / Sales 2019 2,27x
Capi. / Sales 2020 2,05x
Capitalization 194 M
Chart CLEARFIELD INC
Duration : Period :
Clearfield Inc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CLEARFIELD INC
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Average target price 17,0 $
Spread / Average Target 20%
EPS Revisions
Managers
NameTitle
Cheryl Podzimek Beranek President, Chief Executive Officer & Director
Ron G. Roth Chairman
Johnny P. Hill Chief Operating Officer
Daniel R. Herzog Chief Financial Officer
Donald R. Hayward Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
CLEARFIELD INC43.04%194
CISCO SYSTEMS25.06%232 743
FOXCONN INDUSTRIAL INTERNET CO LTD11.30%37 505
ERICSSON AB21.79%33 176
NOKIA OYJ-11.07%28 240
MOTOROLA SOLUTIONS30.94%24 822