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Mayfield Village, Ohio, November 7, 2014 – Preformed Line Products Company (Nasdaq: PLPC) today reported financial results for the third quarter and the first nine months of 2014.
Net income for the quarter ended September 30, 2014 was $2,555,000, or $.48 per diluted share, compared to $6,104,000, or $1.12 per diluted share, for the comparable period in 2013.
Net sales in the third quarter of 2014 were $102,100,000 compared to sales of $100,828,000 in the third quarter of 2013.
Net income for the nine months ended September 30, 2014 was $10,373,000, or $1.92 per diluted share, compared to $17,455,000, or $3.20 per diluted share for the comparable period in 2013.
Net sales were $292,006,000 for the first nine months of 2014 compared to $311,233,000 in the first nine months of 2013.
COYOTE® Dome Closure Cable Restraint Bracket (CRB) system debuts at OSP EXPO 2014
October 1, 2014, (Cleveland, OH) — Preformed Line Products (PLP) introduces the COYOTE® Dome Closure CRB system for OPGW, designed to be easier to install and more durable. Click here to learn more.