{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-028087","form_type":"8-K","ticker":"PLPC","cik":"0000080035","company_name":"PREFORMED LINE PRODUCTS CO","filed_at":"2024-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.957107+00:00","generated_at":"2026-06-05T02:09:23.188317+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Preformed Line Products FY 2023 net sales record $669.7M (+5%); Q4 net income drops 62% to $6.3M","bullets":["Full-year diluted EPS $12.68 (record, +17% YoY); net income $63.3M.","Q4 net sales $145.6M (-14% YoY) due to communication market softness and customer destocking.","Q4 net income $6.3M ($1.29 EPS) vs $16.5M ($3.28 EPS) in Q4 2022; impacted by $2.3M foreign currency losses and $3.5M customer charges.","Management expects BEAD program to drive communications demand in late 2024/early 2025.","Fifth consecutive year of record annual net sales; fourth consecutive year of EPS growth."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-028087","json":"https://secwatch.observer/filing/0000950170-24-028087.json","markdown":"https://secwatch.observer/filing/0000950170-24-028087.md","text":"https://secwatch.observer/filing/0000950170-24-028087.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/80035/000095017024028087/0000950170-24-028087-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/80035/000095017024028087/plpc-20240307.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T02:09:23.188317+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":"20e810a1bacbf8ee0856e6bc65d45a32d1788380","claim":"PREFORMED LINE PRODUCTS CO reported financial results for the fourth quarter and full year ended December 31, 2023.","evidence_excerpt":"On March 7, 2024, Preformed Line Products Company issued a press release announcing earnings for the fourth quarter and full year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/80035/000095017024028087/0000950170-24-028087-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year ended December 31, 2023"},{"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"}