NASDAQ$PLPC
Preformed Line Products Company · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Preformed Line Products Company reported record quarterly net sales and net income in Q1 2023, driven by strong performance across all regions and recent acquisitions.
Preformed Line Products Company reported a strong first quarter in 2023, achieving record quarterly net sales and net income. Net sales increased by 32% compared to the first quarter of 2022, reaching $181.8 million. Net income also reached a record of $21.4 million, or $4.28 per diluted share, a 72% increase from Q1 2022.
- Net sales reached a record $181.8 million, up 32% from Q1 2022.
- Net income was a record $21.4 million, or $4.28 per diluted share.
- Gross profit as a percentage of net sales increased by 610 basis points to 36.5%.
- Increased capacity in the USA helped reduce backlog and order lead times.
Headline financials
Revenue & EPS history
Preformed Line Products · Revenue · Quarterly
$182M
Forward guidance
The company did not provide specific forward guidance in this earnings report.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2023
-0.1%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+5.3%
Avg return
30 days after
42%
27 / 65 earnings
Positive
+21.1%
Q4 2022
Best reaction
-21.3%
Q3 2013
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.5% | +6.3% | +9.4% | |
| Q4 2025 | -2.4% | +3.7% | +18.5% | |
| Q3 2025 | -6.9% | -10.2% | -12.6% | |
| Q1 2025 | +1.4% | +2.2% | +11.2% | |
| Q4 2024 | -1.5% | +23.4% | +13.4% | |
| Q3 2024 | -3.3% | -1.9% | +6.9% | |
| Q2 2024 | -5.0% | -10.2% | -10.4% | |
| Q1 2024 | +4.1% | +3.6% | +11.0% | |
| Q4 2023 | -3.9% | -3.8% | -5.3% | |
| Q3 2023 | -18.5% | -14.2% | -5.1% | |
| Q2 2023 | -8.8% | -8.2% | -5.6% | |
| Q1 2023 | +15.9% | +10.1% | +17.6% | |
| Q4 2022 | +21.1% | +32.5% | +43.6% | |
| Q3 2022 | +4.1% | +3.9% | +16.5% | |
| Q2 2022 | +16.1% | +12.9% | +26.3% | |
| Q1 2022 | -5.1% | -2.6% | -1.5% | |
| Q4 2021 | +5.2% | +10.7% | +15.2% | |
| Q3 2021 | +2.5% | -0.3% | -3.8% | |
| Q2 2021 | -0.5% | +0.9% | +2.4% | |
| Q1 2021 | -0.9% | +2.8% | +11.5% | |
| Q4 2020 | -13.4% | -7.6% | -9.7% | |
| Q3 2020 | +10.7% | +8.6% | +22.0% | |
| Q2 2020 | +15.8% | +11.4% | +3.7% | |
| Q1 2020 | +0.2% | -10.2% | -0.1% | |
| Q4 2019 | -3.9% | -7.5% | -9.1% | |
| Q3 2019 | +17.7% | +18.0% | +31.7% | |
| Q2 2019 | -6.6% | -12.3% | -10.7% | |
| Q1 2019 | -6.3% | -7.0% | -13.6% | |
| Q4 2018 | -1.6% | -1.0% | +0.8% | |
| Q3 2018 | -6.2% | -14.7% | -19.3% | |
| Q2 2018 | -6.9% | -6.4% | -6.2% | |
| Q1 2018 | -0.2% | -0.5% | +12.8% | |
| Q4 2017 | +6.9% | +3.0% | -4.1% | |
| Q3 2017 | -0.3% | -2.2% | +14.1% | |
| Q2 2017 | +8.0% | +11.4% | +6.5% | |
| Q1 2017 | -9.0% | -11.3% | -7.2% | |
| Q4 2016 | -0.3% | +3.2% | +13.8% | |
| Q3 2016 | +3.0% | +6.9% | +32.6% | |
| Q2 2016 | -7.1% | -12.2% | -11.7% | |
| Q1 2016 | -0.4% | — | — | |
| Q4 2015 | +12.6% | — | — | |
| Q3 2015 | -9.0% | — | — | |
| Q2 2015 | +1.6% | — | — | |
| Q1 2015 | -2.7% | — | — | |
| Q4 2014 | -0.2% | — | — | |
| Q3 2014 | -5.8% | — | — | |
| Q2 2014 | +3.9% | — | — | |
| Q1 2014 | +0.3% | — | — | |
| Q4 2013 | +1.3% | — | — | |
| Q3 2013 | -21.3% | — | — | |
| Q2 2013 | -0.7% | — | — | |
| Q1 2013 | -7.2% | — | — | |
| Q4 2012 | -1.7% | — | — | |
| Q3 2012 | +0.8% | — | — | |
| Q2 2012 | -2.5% | — | — | |
| Q1 2011 | +2.9% | — | — | |
| Q1 2012 | -0.2% | — | — | |
| Q4 2009 | +4.8% | — | — | |
| Q4 2011 | +4.8% | — | — | |
| Q3 2011 | -3.3% | — | — | |
| Q3 2010 | -3.3% | — | — | |
| Q4 2010 | +2.5% | — | — | |
| Q2 2010 | +2.5% | — | — | |
| Q2 2011 | +2.5% | — | — | |
| Q1 2010 | -0.6% | — | — |
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