secwatch.observer — SEC 8-K summary
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Issuer:     PREFORMED LINE PRODUCTS CO (PLPC)
CIK:        0000080035
Form:       8-K
Filed at:   2023-03-01T23:59:59+00:00
Accession:  0000950170-23-005567
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/80035/000095017023005567/0000950170-23-005567-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/80035/000095017023005567/plpc-20230301.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-005567

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