{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-005567","form_type":"8-K","ticker":"PLPC","cik":"0000080035","company_name":"PREFORMED LINE PRODUCTS CO","filed_at":"2023-03-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.125376+00:00","generated_at":"2026-06-18T19:27:36.603626+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Preformed Line Products reports record Q4 net sales $169.9M, EPS $3.28, up 83% YoY","bullets":["Q4 2022 net sales $169.9M (+29.3% YoY); full-year net sales $637.0M (+23.1% YoY), both records.","Q4 diluted EPS $3.28 vs $1.79; full-year diluted EPS $10.88 vs $7.19, both records.","Gross margin improved 630 bps in Q4 to 36.6%; full-year gross margin 33.8% (+170 bps).","Foreign currency translation reduced Q4 sales by $8.0M and full-year sales by $24.2M.","CEO cites price increases offsetting inflation; four acquisitions completed in last five quarters."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-005567","json":"https://secwatch.observer/filing/0000950170-23-005567.json","markdown":"https://secwatch.observer/filing/0000950170-23-005567.md","text":"https://secwatch.observer/filing/0000950170-23-005567.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/80035/000095017023005567/0000950170-23-005567-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/80035/000095017023005567/plpc-20230301.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T19:27:36.603626+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"649213e1a64210e376dac7876bba3af8568d0228","claim":"PREFORMED LINE PRODUCTS CO reported the fourth quarter ended December 31, 2022 results: revenue $169.9 million, net income $16.5 million, EPS $3.28 per diluted share.","evidence_excerpt":"Net sales in the fourth quarter of 2022 were $169.9 million compared to $131.4 million in the fourth quarter of 2021, a 29.3% increase and a new record for quarterly shipments. Foreign currency translation reduced fourth quarter 2022 net sales by $8.0 million. Net income for the quarter ended December 31, 2022 was $16.5 million, or $3.28 per diluted share, compared to $9.0 million, or $1.79 per diluted share, for the comparable period in 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/80035/000095017023005567/0000950170-23-005567-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$169.9 million"},{"label":"Net income","value":"$16.5 million"},{"label":"EPS","value":"$3.28 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a82a153c8d9219b166526dd9ed7540f5c64f0dbf","claim":"PREFORMED LINE PRODUCTS CO reported the full year ended December 31, 2022 results: revenue $637.0 million, net income $54.4 million, EPS $10.88 per diluted share.","evidence_excerpt":"Net sales for the full year 2022 were $637.0 million, compared to $517.4 million in 2021. This is the fourth consecutive year of record net sales and represents a 23.1% increase versus prior year. Foreign currency translation reduced full year 2022 net sales by $24.2 million. Net income for the year ended December 31, 2022 was $54.4 million, or $10.88 per diluted share, compared to $35.7 million, or $7.19 per diluted share in 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/80035/000095017023005567/0000950170-23-005567-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2022"},{"label":"Revenue","value":"$637.0 million"},{"label":"Net income","value":"$54.4 million"},{"label":"EPS","value":"$10.88 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}