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 (NASDAQ: PLPC) generates news that spans financial performance, capital allocation, global expansion, and developments in energy and communications infrastructure. The company designs and manufactures products and systems for overhead and underground networks serving energy, telecommunication, cable, data communication, and other industries, and it regularly reports on trends in these end markets.
Investors following PLPC news will see quarterly earnings releases that discuss net sales growth, gross profit, net income, and the relative contributions of energy and communications end‑market sales across PLP‑USA and international segments. These updates often address factors such as tariffs on goods sourced internationally, cost management, and steps taken to strengthen and de‑risk the balance sheet, including pension plan actions disclosed in the company’s 2025 results.
PLP’s news flow also includes announcements about dividends and capital returns. Several 2025 releases describe regular quarterly cash dividends, and a December 2025 announcement, supported by a Form 8‑K, details a 5% increase in the quarterly dividend from $0.20 to $0.21 per share, the first increase since PLP listed on NASDAQ in 2001. These items provide insight into the company’s approach to liquidity and shareholder returns.
Operational and strategic updates are another key component of PLPC news. The company has reported a major expansion of its European operations, including a new facility in Poland and a larger site in Spain, as well as the acquisition of JAP Telecom in Brazil to broaden its communications product offering in South America. News releases also cover collaborations such as PLP’s compatibility program with Lightera, which pairs PLP’s closures with rollable ribbon fiber optic cable for FTTx networks.
For readers interested in the intersection of manufacturing, energy infrastructure, and broadband connectivity, the PLPC news page offers a consolidated view of earnings announcements, dividend declarations, acquisitions, facility investments, and product‑related partnerships. Regularly checking this feed can help track how PLP’s global operations and end markets are evolving over time.
The Board of Directors of Preformed Line Products Company (NASDAQ: PLPC) declared a $0.20 quarterly dividend per share on September 13, 2021. This dividend will be payable on October 20, 2021 to shareholders on record by the close of business on October 1, 2021. PLP is known for providing reliable solutions to energy and communications sectors, demonstrating their commitment to sustaining high-quality service across more than 20 countries.
Preformed Line Products (NASDAQ: PLPC) announced a new brand platform emphasizing its commitment to precision-engineered solutions and quality service. The company will adopt PLP as its primary brand name, reflecting its evolution beyond being the world's largest supplier of helically formed wire products. New visual elements, including a revised logo and color palette, will support this transition. PLP aims to better represent its diverse offerings and global reach while maintaining its core mission of providing reliable networks for energy and communication sectors.
Preformed Line Products Company (NASDAQ: PLPC) reported a 13.1% increase in net sales for Q2 2021, totaling $133.0 million, compared to $117.6 million in Q2 2020. Net income reached $8.9 million or $1.80 per diluted share, down from $10.5 million or $2.11 per diluted share a year prior, impacted by rising raw material and transportation costs. For the first half of 2021, net sales rose by 13.7% to $250.6 million. The CEO highlighted growth in all regions except Asia-Pacific, which faced COVID-19-related project delays.
On June 18, 2021, Preformed Line Products (Nasdaq: PLPC) announced a quarterly dividend of $.20 per share. This dividend will be payable on July 20, 2021, to shareholders of record as of July 1, 2021.
The company, founded in 1947 and headquartered in Mayfield Village, Ohio, specializes in designing and manufacturing products for energy, communications, and broadband networks. It operates two domestic manufacturing centers in Arkansas and North Carolina and serves clients worldwide.
Preformed Line Products Company (NASDAQ: PLPC) reported a 14% increase in net sales for Q1 2021, reaching $117.6 million, compared to $102.9 million in Q1 2020. Net income rose to $7.2 million, or $1.45 per diluted share, up from $3.7 million, or $0.74 per diluted share, in the previous year. Growth was driven by the communications product family and U.S. based manufacturing. Despite some revenue declines in sectors dependent on government infrastructure projects delayed by COVID-19, overall geographic diversification contributed to profitability.
The Board of Directors of Preformed Line Products Company (Nasdaq: PLPC) declared a regular quarterly dividend of $.20 per share on March 18, 2021. This dividend is payable on April 20, 2021, to shareholders on record at the close of business on April 1, 2021. Founded in 1947, Preformed Line Products specializes in designing and manufacturing systems for energy and communications networks, operating globally with headquarters in Mayfield Village, Ohio.
Preformed Line Products Company (NASDAQ: PLPC) reported a 4% increase in fourth-quarter net sales to $118.5 million, up from $113.6 million in 2019. For the full year 2020, net sales reached $466.4 million, marking a 5% rise compared to 2019's $444.9 million. However, net income for Q4 2020 fell to $2.7 million ($0.53 per diluted share) from $5.6 million ($1.09 per diluted share) in Q4 2019. Despite challenges from COVID-19, the company achieved record annual sales, particularly within its U.S. operations, which grew nearly 13%. The Asia-Pacific segment faced the greatest pandemic impact.
The Board of Directors of Preformed Line Products (Nasdaq: PLPC) declared a quarterly dividend of $.20 per share on December 17, 2020. This dividend will be payable on January 20, 2021 to shareholders of record as of the close of business on January 4, 2021. Founded in 1947, Preformed Line Products designs and manufactures systems for energy and communications networks. The company operates in various countries, demonstrating its extensive international presence.
Preformed Line Products Company (NASDAQ: PLPC) reported strong financial results for Q3 2020, with net income rising to $13.0 million ($2.59 per diluted share) from $8.0 million ($1.55 per diluted share) in Q3 2019. Net sales increased by 7% year-over-year to $127.5 million. For the first nine months of 2020, net income reached $27.1 million ($5.43 per diluted share), up from $17.7 million ($3.48 per diluted share) in 2019. Despite a negative impact of $3.7 million from currency translation for Q3, the company has capitalized on increased U.S. manufacturing to meet customer demand amid COVID-19 challenges.
The Board of Directors of Preformed Line Products Company (Nasdaq: PLPC) announced a quarterly dividend of $.20 per share on September 14, 2020. This dividend is payable on October 20, 2020 to shareholders recorded by the close of business on October 1, 2020. Founded in 1947, Preformed is a global designer and manufacturer serving energy, communications, and broadband sectors, with operations in multiple countries including the U.S., Canada, and China.
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