secwatch.observer — SEC 8-K summary
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Issuer:     PREFORMED LINE PRODUCTS CO (PLPC)
CIK:        0000080035
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0000950170-23-037222
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Preformed Line Products Q2 net sales up 11% to $181.8M; diluted EPS $4.08 (+47% YoY)
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- Net sales of $181.8M in Q2 2023, up 11% from $163.5M in Q2 2022.
- Diluted EPS of $4.08, up 47% from $2.77 in Q2 2022.
- Gross profit margin improved to 36.5% from 32.3% in Q2 2022 (+420 bps).
- H1 2023 net sales $363.6M (+21% YoY); net income $41.9M ($8.35 diluted EPS).
- Backlog decreased 29% from beginning of 2023, improving lead times.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/80035/000095017023037222/0000950170-23-037222-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/80035/000095017023037222/plpc-20230802.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-037222

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer