Source-grounded facts extracted from PREFORMED LINE PRODUCTS CO's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
PREFORMED LINE PRODUCTS CO reported first quarter of 2026 results: revenue $176.3 million, net income $10.5 million, EPS $2.14 per diluted share.
“– April 29, 2026 - Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its first quarter of 2026. Q1 2026 highlights: • Quarterly net sales of $176.3 million, an increase of 19% from Q1 2025. • USA sales growth of 26% from Q1 2025, driven by robust demand in energy and communications markets. • Gross profit margin of 31.3%, up 150”
Debt Financings
PREFORMED LINE PRODUCTS CO incurred term loan of up to PLN100.3 million ($27.4 million) with Bank Polska Kasa Opieki Spółka Akcyjna (Bank Pekao S.A.) at one month Warsaw Interbank Offered Rate ("WIBOR") plus 1.0% per annum maturing January 31, 2035.
“On July 16, 2025, PLP Poland (Belos) S.A. ("PLP Poland"), a subsidiary of Preformed Line Products Company (the “Company”), entered into a non-revolving investment loan with Bank Polska Kasa Opieki Spółka Akcyjna ("Bank Pekao S.A.") to finance the construction of a new manufacturing plant. The loan is guaranteed by the Company and secured by the current manufacturing plant owned by PLP Poland, the plant under construction and all fixed assets within both plants. The loan allows for an amount up to PLN100.3 million ($27.4 million) and will bear interest at the one month Warsaw Interbank Offered Rate ("WIBOR") plus 1.0% per annum, unless the Company’s funded debt to Earnings before Interest, Taxes and Depreciation ratio exceeds 3.0 to 1, at which point the WIBOR spread becomes 1.5%. The loan agreement also contains, among other provisions, requirements for maintaining levels of net worth and profitability. The maturity date of the loan is January 31, 2035 and is payable in annual installm”
Shareholder Votes
PREFORMED LINE PRODUCTS CO shareholders rejected Report on Actions to Increase Board Diversity at the 2024-05-07 meeting.
“The shareholders voted against a shareholder request that the Board of Directors prepare a report by January 2025, at reasonable expense and omitting proprietary information, on steps the Company is taking to enhance board diversity.”
Shareholder Votes
PREFORMED LINE PRODUCTS CO shareholders approved Ratification of Appointment of Ernst & Young LLP at the 2024-05-07 meeting.
“The shareholders voted to approve the ratification of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024, as described in the Proxy Statement.”
Shareholder Votes
PREFORMED LINE PRODUCTS CO shareholders approved Election of Directors at the 2024-05-07 meeting.
“The shareholders voted to re-elect certain persons to the Board of Directors for a term expiring at the 2026 annual meeting of the shareholders.”
Earnings Releases
PREFORMED LINE PRODUCTS CO reported first quarter of 2024 results: revenue $140.9 million, net income $9.6 million, or $1.94 per diluted share.
“OHIO – MAY 1, 2024 - Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its first quarter of 2024. Net sales in the first quarter of 2024 were $140.9 million compared to $181.8 million in the first quarter of 2023, a 22% decrease due primarily to a slowdown in spending within the communications end market. Foreign currency translation”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.