---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-017203"
form_type: "8-K"
ticker: "PLPC"
cik: "0000080035"
company_name: "PREFORMED LINE PRODUCTS CO"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:59:42.010750+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Preformed Line Products Q1 net sales $181.8M, EPS $4.28, both record highs

## Summary
- Net sales $181.8M, up 32% YoY; net income $21.4M, record quarterly earnings.
- Diluted EPS $4.28 vs $2.49 in Q1 2022, an increase of 72%.
- Gross margin 36.5%, +610 bps from prior year quarter.
- All regions posted improved net sales and pre-tax earnings vs Q1 2022.
- Backlog and lead times reduced; four acquisitions in last five quarters contributing.

## SEC filing metadata
- accession: 0000950170-23-017203
- form_type: 8-K
- ticker: PLPC
- cik: 0000080035
- company_name: PREFORMED LINE PRODUCTS CO
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/80035/000095017023017203/0000950170-23-017203-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/80035/000095017023017203/plpc-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-017203
- JSON: https://secwatch.observer/filing/0000950170-23-017203.json
- Plain text: https://secwatch.observer/filing/0000950170-23-017203.txt

## Key facts
- Earnings Releases
  PREFORMED LINE PRODUCTS CO reported first quarter of 2023 results: revenue Net sales in the first quarter of 2023 were $181.8 million compared to $138.2 million in the first quarter of 2022, net income Net income for the quarter ended March 31, 2023 was $21.4 million, or $4.28 per diluted share, compared to $12.3 million, EPS Diluted EPS of $4.28, an increase of 72% from Q1 2022.
  - Period: first quarter of 2023
  - Revenue: Net sales in the first quarter of 2023 were $181.8 million compared to $138.2 million in the first quarter of 2022
  - Net income: Net income for the quarter ended March 31, 2023 was $21.4 million, or $4.28 per diluted share, compared to $12.3 million
  - EPS: Diluted EPS of $4.28, an increase of 72% from Q1 2022
  - Result: reported results
  source text: Net sales in the first quarter of 2023 were $181.8 million compared to $138.2 million in the first quarter of 2022, a 32% increase and a new record for quarterly shipments.
  evidence_url: https://www.sec.gov/Archives/edgar/data/80035/000095017023017203/0000950170-23-017203-index.htm

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