Preformed Line Products Company reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 181.81 million compared to USD 163.47 million a year ago. Net income was USD 20.47 million compared to USD 13.71 million a year ago. Basic earnings per share from continuing operations was USD 4.14 compared to USD 2.78 a year ago. Diluted earnings per share from continuing operations was USD 4.08 compared to USD 2.77 a year ago.
For the six months, sales was USD 363.64 million compared to USD 301.69 million a year ago. Net income was USD 41.87 million compared to USD 26 million a year ago. Basic earnings per share from continuing operations was USD 8.48 compared to USD 5.27 a year ago. Diluted earnings per share from continuing operations was USD 8.35 compared to USD 5.25 a year ago.