Welcome to our dedicated page for Preformed Line news (Ticker: PLPC), a resource for investors and traders seeking the latest updates and insights on Preformed Line stock.
Preformed Line Products Company reports developments tied to engineered products and systems used in energy, telecommunications, cable, data communications, and other network infrastructure markets. Its updates commonly cover demand for products that support, protect, connect, terminate, and secure cables and wires, including helical solutions, connectors, splice closures, substation hardware, solar framing applications, and electric vehicle charging station foundations.
Company news also includes quarterly and annual operating results by regional segment, cash dividend actions, acquisition activity in substation and communications products, and technology collaborations for power-line construction. PLP serves public and private utilities, communications providers, cable operators, contractors, distributors, and value-added resellers across PLP-USA, the Americas, EMEA, and Asia-Pacific.
Preformed Line Products (NASDAQ: PLPC) reported record Q2 2026 results, with net sales of $212.7 million, up 25% from Q2 2025 and 21% from Q1 2026. PLP‑USA delivered record quarterly sales, rising 32% year over year and 12% sequentially, driven mainly by energy markets and supported by communications demand.
Q2 2026 gross margin reached 34.3%, improving 160 basis points year over year and 300 basis points sequentially. Diluted EPS was a record $4.49, up 75% from $2.56 a year earlier. Net income rose to $21.5 million, aided by higher volumes, favorable mix, fixed cost leverage, and 2025 price increases, partially offset by higher selling and personnel costs and tariff headwinds.
For the first six months of 2026, net sales grew 22% to $389.0 million and diluted EPS increased to $6.62 from $4.89. All international segments grew sales versus 2025, and the Americas segment benefited from the May 2026 acquisition of Delta Star Conetores Electricos. Shareholders’ equity rose to $494.6 million with modest long‑term debt of $35.9 million.
Preformed Line Products (Nasdaq: PLPC) announced that its Board of Directors declared a regular quarterly dividend of $0.21 per share on common shares. The dividend is payable on July 20, 2026 to shareholders of record as of July 1, 2026.
Preformed Line Products (Nasdaq: PLPC) acquired Brazil-based Delta Star Conetores Eletricos Ltda. on May 5, 2026, a manufacturer of high-voltage and extra-high-voltage substation connectors headquartered in Salto, Brazil.
The acquisition expands PLP's global substation hardware platform, complements prior regional deals in Austria, Brazil, and Mexico, and aims to strengthen engineering, manufacturing, and supply-chain support for its U.S. substation business.
Preformed Line Products (NASDAQ: PLPC) reported Q1 2026 net sales of $176.3 million, up 19% year‑over‑year, with PLP‑USA sales up 26% and a favorable $7.2 million FX impact. Gross profit margin was 31.3% (up 150 bps vs Q4 2025). Net income was $10.5 million or $2.14 diluted EPS; results were affected by a $1.3 million income tax charge related to its French subsidiary and higher personnel and tariff-related costs. A Q1 presentation will be available on the company website.
Preformed Line Products (Nasdaq: PLPC) declared a regular quarterly dividend of $0.21 per share on March 13, 2026. The dividend is payable April 20, 2026 to shareholders of record at the close of business on April 1, 2026.
Preformed Line Products (NASDAQ: PLPC) reported Q4 2025 net sales of $173.1M (+4% vs Q4 2024) and full-year net sales of $669.3M (+13% vs 2024).
Full-year diluted EPS was $7.14; adjusted diluted EPS was $8.70 (+16% vs 2024). Backlog rose 22% to $232.8M. Quarterly dividend increased 5% to $0.21 per share. Company cited tariffs and LIFO inventory effects partially offset by higher sales, price increases, interest income, and a lower tax rate.
PLP (NASDAQ:PLPC) on February 17, 2026 announced a multi-year strategic partnership with FulcrumAir to co-develop next-generation robotic installation systems for overhead power line construction. The collaboration builds on existing products (LineSpider™, LineFly™) and aims to improve efficiency, safety, and installation precision while enabling new revenue opportunities.
The companies say new systems are already in development and the partnership will accelerate automation, workforce capability expansion, and grid modernization over the next decade.
Preformed Line Products (NASDAQ: PLPC) announced a 5% increase in its quarterly cash dividend, raising the payout from $0.20 to $0.21 per share.
The dividend is payable on January 20, 2026 to shareholders of record as of January 5, 2026. This is the company's first dividend increase since 2001 and the board cited a strong liquidity position and confidence in consistent cash flows as reasons for the boost. Management said it will continue to balance reinvestment in operations with returning capital and will evaluate future increases based on operating results and business outlook.
Preformed Line Products (NASDAQ: PLPC) reported Q3 2025 results: net sales $178.1M (+21% YoY) and Q3 net income of $2.6M ($0.53 diluted EPS). A non-cash pre-tax pension termination charge of $11.7M reduced GAAP EPS; adjusted diluted EPS excluding that charge was $2.09 (+36%). Tariff-related costs and LIFO inventory valuation acceleration totaled $3.8M pre-tax in the quarter. Nine-month net sales were $496.2M (+16% YoY) and nine-month adjusted net income excluding the pension charge was $34.6M ($6.98 diluted EPS, +30%). Management cited global sales strength, tariff headwinds, and completed U.S. pension plan termination.
Preformed Line Products (Nasdaq: PLPC) announced that its Board of Directors has declared a regular quarterly dividend of $0.20 per share on the company's common shares. The dividend will be paid on October 20, 2025, to shareholders of record as of October 1, 2025.