Preformed Line Products (PLPC) Reports Q3 EPS of $0.92

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Go back to Preformed Line Products (PLPC) Reports Q3 EPS of $0.92

Preformed Line Products Announces Third Quarter And First Nine Months 2016 Results

November 4, 2016 7:30 AM EDT

MAYFIELD VILLAGE, Ohio, Nov. 4, 2016 /PRNewswire/ -- Preformed Line Products Company (Nasdaq:  PLPC) today reported financial results for its third quarter and first nine months of 2016.

Net income for the quarter ended September 30, 2016 was $4,742,000, or $.92 per diluted share, compared to $206,000, or $.04 per diluted share, for the comparable period in 2015.

Net sales in the third quarter of 2016 were $88,299,000, compared to $89,046,000 in the third quarter of 2015.

Net income for the nine months ended September 30, 2016 was $10,154,000, or $1.95 per diluted share, compared to $3,630,000, or $.67 per diluted share,... More