Preformed Line Products Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 160.44 million compared to USD 165.4 million a year ago. Net income was USD 15.13 million compared to USD 11.89 million a year ago. Basic earnings per share from continuing operations was USD 3.08 compared to USD 2.41 a year ago. Diluted earnings per share from continuing operations was USD 3.03 compared to USD 2.36 a year ago.
For the nine months, sales was USD 524.08 million compared to USD 467.1 million a year ago. Net income was USD 57 million compared to USD 37.88 million a year ago. Basic earnings per share from continuing operations was USD 11.56 compared to USD 7.68 a year ago. Diluted earnings per share from continuing operations was USD 11.39 compared to USD 7.6 a year ago.