AP NEWS
ADVERTISEMENT

Preformed Line: 1Q Earnings Snapshot

May 1, 2020 GMT

MAYFIELD VILLAGE, Ohio (AP) _ Preformed Line Products Co. (PLPC) on Friday reported first-quarter profit of $3.7 million.

On a per-share basis, the Mayfield Village, Ohio-based company said it had profit of 74 cents.

The wire and hardware provider for energy, telecommunication, cable and data industries posted revenue of $102.9 million in the period.

Preformed Line shares have fallen 18% since the beginning of the year. The stock has declined 9% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLPC at https://www.zacks.com/ap/PLPC

ADVERTISEMENT