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CLEVELAND , May 1, 2024 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its first quarter of 2024. Net sales in the first quarter of 2024 were $140.9 million compared to $181.8 million in the first quarter of 2023, a 22% decrease due primarily to a slowdown in spending within the communications end market.
CLEVELAND , March 18, 2024 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on March 15, 2024, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable April 19, 2024, to shareholders of record at the close of business on April 2, 2024. ABOUT PLP PLP protects the world's most critical connections by creating st...
CLEVELAND , March 7, 2024 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its fourth quarter and full year ended December 31, 2023. 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 $12.68, an increase of 17% from 2022, a new annual record Net ...
Preformed Line Products is a growth company with a strong track record of unveiling new products and making acquisitions. PLP operates in the energy, communication, and special industries sectors, and should benefit from the Infrastructure Act and lower inflation. The company's financial performance is strong, with impressive growth rates, good margins, and an undervalued stock price, making it...
CLEVELAND , Dec. 21, 2023 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on December 13, 2023, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable January 19, 2024, to shareholders of record at the close of business on January 5, 2024. ABOUT PLP PLP protects the world's most critical connections by creat...
CLEVELAND , Nov. 22, 2023 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today announced that its Board of Directors has appointed Dennis F. McKenna as Chief Executive Officer, effective January 1, 2024.
CLEVELAND , Nov. 1, 2023 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its third quarter of 2023. Q3 2023 Highlights: Net sales decline of 3% Diluted EPS of $3.03, an improvement of 28% Net cash provided by operating activities improved by $79.2 million Net sales in the third quarter of 2023 were $160.4 million compared to $165.4 million in ...
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