---
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"
generated_at: "2026-06-18T19:27:36.603626+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Preformed Line Products reports record Q4 net sales $169.9M, EPS $3.28, up 83% YoY

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-005567
- JSON: https://secwatch.observer/filing/0000950170-23-005567.json
- Plain text: https://secwatch.observer/filing/0000950170-23-005567.txt

## Key facts
- Earnings Releases
  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.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $169.9 million
  - Net income: $16.5 million
  - EPS: $3.28 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/80035/000095017023005567/0000950170-23-005567-index.htm
- Earnings Releases
  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.
  - Period: the full year ended December 31, 2022
  - Revenue: $637.0 million
  - Net income: $54.4 million
  - EPS: $10.88 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/80035/000095017023005567/0000950170-23-005567-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.