Preformed Line Products reports record Q2 results, with revenue and earnings growth supported by strong energy demand, higher margins and global expansion.
PLPC posts strong y/y sales growth in Q1, but higher costs and a tax charge lead to a decline in earnings.
Preformed Line Products remains a prime beneficiary of U.S. grid modernization and AI data center power demand. Q4 net sales grew 4% year-over-year, with the order backlog surging 22%, validating sustained demand for PLPC's transmission components. Gross margin compressed to 29.8% in Q4, in line with expectations, as tariff-driven costs are pushed through accounting methods before the recovery begins.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 1 | $207 | $423.6 | $216.6 | 104.64% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 10 | $1,245.4 | $4,807.7 | $3,562.3 | 286.04% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 25 | $4,154.98 | $11,670.5 | $7,515.52 | 180.88% |
| BG Bart Gancher Intech Investment Management LLC | 662 | $179,236.5 | $308,889.21 | $129,652.71 | 72.34% |
Point72 Asset Management LP Point72 Asset Management LP | 50,843 | $19.14M | $23.62M | $4.48M | 23.42% |
| Electrical Equipment Industry | Industrials Sector | Dennis F. McKenna CEO | NASDAQ (NGS) Exchange | 740444104 CUSIP |
| US Country | 3,734 Employees | 1 Jul 2026 Last Dividend | 11 Jun 1998 Last Split | 28 Apr 1999 IPO Date |
Preformed Line Products Company, along with its subsidiaries, is a pioneer in the design and manufacturing of innovative solutions for the construction and maintenance of overhead, ground-mounted, and underground networks catering to the energy, telecommunication, cable, data communication, and multiple other industries. Established in 1947 and headquartering in Mayfield Village, Ohio, the company serves a global market that includes the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. It has a broad customer base that comprises public and private energy utilities, communication companies, cable operators, governmental agencies, contractors, subcontractors, distributors, and value-added resellers. Preformed Line Products leverages both a direct sales force and manufacturing representatives to market its vast array of products effectively.