Detail akcie Preformed Line online

Business Summary: Preformed Line Products Company is a designer and manufacturer of products and systems employed in the construction and maintenance of overhead, ground-mounted and underground networks for energy, telecommunication, cable, data communication and other similar industries. The Company provides formed wire solutions, connectors, fiber optic and copper splice closures, solar hardware mounting applications, and electric vehicle charging station foundations. Its products include energy products, communications products, and special industry products. The energy products are used for supporting, protecting, terminating, and splicing transmission and distribution lines as well as bolted, welded, and compressed connectors for substations. The communications products include rugged outside plant (OSP) closures to protect and support wireline and wireless networks. The special industry products include hardware assemblies, pole line hardware, plastic products, and interior/exterior connectors.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Preformed Line Products Company revenues decreased 23% to $140.9M. Net income decreased 55% to $9.6M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Research and engineering increase of 5% to $5.4M (expense), Other income net decrease of 13% to $35K (income). Dividend per share remained flat at $0.20.