{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-22-035944","form_type":"8-K","ticker":"PLPC","cik":"0000080035","company_name":"PREFORMED LINE PRODUCTS CO","filed_at":"2022-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.599406+00:00","generated_at":"2026-06-22T20:12:19.266909+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"PLPC Q3 net sales $165.4M (+22% YoY); adjusted net income record $18.4M","bullets":["Q3 net sales $165.4M (+22% YoY); diluted EPS $2.36 (+10% from $2.15).","Net income $11.9M includes $6.5M goodwill impairment for Asia-Pacific; adjusted net income $18.4M was a quarterly record (+72%).","Gross margin expanded to 35.2% from 31.9% on operational efficiencies and price increases.","Nine-month net sales $467.1M (+21%); net income $37.9M ($7.60 EPS) vs $26.8M ($5.40 EPS) prior year.","Currency translation unfavorably impacted Q3 net sales by $8.2M."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-22-035944","json":"https://secwatch.observer/filing/0001564590-22-035944.json","markdown":"https://secwatch.observer/filing/0001564590-22-035944.md","text":"https://secwatch.observer/filing/0001564590-22-035944.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/80035/000156459022035944/0001564590-22-035944-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/80035/000156459022035944/plpc-8k_20221101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T20:12:19.266909+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":"0637b7bb52835759978f153d15a062a28106e484","claim":"PREFORMED LINE PRODUCTS CO reported third quarter ended September 30, 2022 results: revenue $165.4 million, net income $11.9 million, EPS $2.36 per diluted share.","evidence_excerpt":"Net sales for the third quarter of 2022 were $165.4 million, an increase of 22%, compared to $135.4 million in the third quarter of 2021. Currency translation rates had an unfavorable impact on 2022 third quarter net sales of $8.2 million. The Company posted net income for the third quarter of 2022 of $11.9 million, or $2.36 per diluted share, compared to $10.7 million, or $2.15 per diluted share, in the third quarter of 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/80035/000156459022035944/0001564590-22-035944-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2022"},{"label":"Revenue","value":"$165.4 million"},{"label":"Net income","value":"$11.9 million"},{"label":"EPS","value":"$2.36 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"6497b0089a560d87dfc2743a9425eecd004db753","claim":"PREFORMED LINE PRODUCTS CO reported the nine months ended September 30, 2022 results: revenue $467.1 million, net income $37.9 million, EPS $7.60 per diluted share.","evidence_excerpt":"Net sales increased 21% to $467.1 million for the first nine months of 2022 compared to $386.0 million for the first nine months of 2021. Currency translation rates had an unfavorable impact on net sales of $16.2 million for the nine months ended September 30, 2022. Net income for the nine months ended September 30, 2022 was $37.9 million, or $7.60 per diluted share, compared to $26.8 million or $5.40 per diluted share, for the comparable period in 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/80035/000156459022035944/0001564590-22-035944-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine months ended September 30, 2022"},{"label":"Revenue","value":"$467.1 million"},{"label":"Net income","value":"$37.9 million"},{"label":"EPS","value":"$7.60 per diluted share"},{"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"}