PREFORMED LINE PRODUCTS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS [Yahoo! Finance]
Preformed Line Products Company (PLPC)
US:NASDAQ Investor Relations:
preformed.com/investor-relations
Company Research
Source: Yahoo! Finance
Full Year 2023 Highlights: Fifth consecutive year of record annual net sales; increased 5% from 2022 Record net income of $63.3 million Diluted EPS of , an increase of 17% from 2022, a new annual record Net cash provided by operating activities of $107.7 million Net sales in the fourth quarter of 2023 were $145.6 million compared to $169.9 million in the fourth quarter of 2022, a 14% decrease due primarily to a reduction in communication product sales as the market remains soft and customers destock inventory positions. Foreign currency translation increased fourth quarter 2023 net sales by $2.9 million Net income for the quarter ended December 31, 2023 was $6.3 million , or per diluted share, compared to $16.5 million , or per diluted share, for the comparable period in 2022. The fourth quarter of 2023 net income was impacted by decreased gross profit from lower net sales, partially offset by selling price increases and a lower effective tax rate for the period. Other di
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PLPC
News
- PREFORMED LINE PRODUCTS ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTSPR Newswire
- PLP LAUNCHES AEOLUS®: A REVOLUTIONARY BREAKTHROUGH IN OVERHEAD POWER LINE CONDUCTOR MOTION ANALYSIS [Yahoo! Finance]Yahoo! Finance
- PLP LAUNCHES AEOLUS®: A REVOLUTIONARY BREAKTHROUGH IN OVERHEAD POWER LINE CONDUCTOR MOTION ANALYSISPR Newswire
- Preformed Line Products (NASDAQ:PLPC) Is Experiencing Growth In Returns On Capital [Yahoo! Finance]Yahoo! Finance
- PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDENDPR Newswire
PLPC
Sec Filings
- 5/2/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 4/8/24 - Form PX14A6G
- PLPC's page on the SEC website