PLPC Stock Recent News

Preformed Line Products posts solid Q2 earnings and 22% y/y revenue growth, but shares drop 10% amid tariff concerns and macroeconomic headwinds.

CLEVELAND , July 30, 2025 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its second quarter of 2025. Q2 2025 highlights compared to same quarter last year: Net sales growth of 22% Gross margin increase of 80 bps Net income and fully diluted EPS increase of 35% Net sales in the second quarter of 2025 were $169.6 million compared to $138.7 million in the second quarter of 2024, a 22% increase.

CLEVELAND , June 18, 2025 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on June 18, 2025, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable July 20, 2025, to shareholders of record at the close of business on July 1, 2025. ABOUT PLP PLP protects the world's most critical connections by creating stronger and more reliable networks.

CLEVELAND , May 22, 2025 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC), a global leader in the design and manufacture of innovative solutions for the energy, communications, and other critical infrastructure industries, today announced a major expansion of its European operations to meet increasing market demand and reinforce its long-term commitment to the region. PLP has officially begun construction on a new multi-purpose facility in Wieprz, Żywiec County, Poland, which will replace the company's current operations in nearby Bielsko-Biała.

Reiterated 'Hold' rating on Preformed Line Products (PLPC) due to rising costs, overvalued revenues, and stagnating technicals, despite a 9% share price increase over six months. Fiscal 2025 Q1 earnings showed 5% net sales growth and 20% GAAP profit growth, but higher costs from tariffs and raw materials loom. PLPC's return on capital remains under pressure, with a trailing ROC of 6.86%, as rising costs and tariffs could dampen demand and profitability.

PLPC's first-quarter results were driven by strong U.S. communications sales and margin gains despite tariff concerns.

Preformed Line Products' fortunes rebounded in Q4-2024 and Q1-2025; I expect a 19.91% earnings increase and have a one-year target of $164.71. PLPC's competitive advantages include a strong workforce, unique solutions, vertical integration, emergency resources, and global presence, despite operating in highly competitive markets. PLPC's net margin of 6.25% is slightly above the sector median, but its return on equity lags; I believe it has a medium moat.

CLEVELAND , May 2, 2025 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today announced it has acquired J.A.P. Indústria de Materiais para Telefonia Ltda (JAP Telecom), a leading Brazilian designer, manufacturer, and supplier of connectivity solutions for the South American telecommunications infrastructure market.

CLEVELAND , May 1, 2025 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its first quarter of 2025. Q1 2025 Highlights compared to Q1 2024: Net sales growth of 5% Gross margin increase of 150 bps Net income and fully diluted EPS increase of 20% Net sales in the first quarter of 2025 were $148.5 million compared to $140.9 million in the first quarter of 2024, a 5% increase.

CLEVELAND , March 19, 2025 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on March 10, 2025, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable April 21, 2025, to shareholders of record at the close of business on April 1, 2025. ABOUT PLP PLP protects the world's most critical connections by creating stronger and more reliable networks.