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Preformed Line Products Company  (PLPC)
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advance, advance, advance by the Preformed Line Products Company in the April to June 30 2022 period

PLPC reported second quarter of 2022 operating income of $17.949 millions

Published 2022-08-07T20:09:51-04:00
Goran Soko / CSIMarket.com Contributer

PLPC showed respectable advance in the April to June 30 2022, where bottom-line jumped by 53.89 % year on year to $2.77 per share and Revenue increased by 22.875 % to $163.47 millions.

In comparison to the previous period EPS surged by 11.24 % from $2.49 per share and Revenues improved by 18.266 % from $138.22 millions.

The company's remains focused on outlays to maintain growth prospects, while opposing with sales to balance out the impression of compensation pressure helped by the labor insufficiency.
Net earnings of $13.721 millions in the second quarter of 2022 earnings season increased by 54.32 % from net earnings of $8.891 millions reported in the second quarter of 2022 earnings season a year ago. Preformed Line Products Company also emphasized it's improving profit margins, where net margin rose to 8.39% in second quarter of 2022 earnings season, and operating margin edged up to 10.98%.
Operating earnings, on the other hand, improved just 40.91% to $17.949 millions.

Preformed Line Products Company is expected to report next financial recent numbers on October 28, 2022.


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Other PLPC's Earnings Reports

Preformed Line Products reported fourth quarter 2022 earnings

Preformed Line Products reported third quarter 2021 earnings

Preformed Line Products reported second quarter 2021 earnings

       
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