PREFORMED LINE PRODUCTS ANNOUNCES FOURTH QUARTER 2024 FINANCIAL RESULTS
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Preformed Line Products Company (NASDAQ: PLPC) reported strong financial results for Q4 2024, with a 15% increase in net sales and a 65% increase in diluted EPS compared to Q4 2023. The company also reduced its debt by $33.7 million in 2024.
March 13, 2025 | 8:30 pm
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Preformed Line Products reported a 15% increase in Q4 2024 net sales and a 65% increase in EPS compared to Q4 2023. The company also reduced its debt by $33.7 million in 2024.
The significant increase in net sales and EPS, along with debt reduction, indicates strong financial health and operational performance, likely leading to a positive short-term impact on PLPC's stock price.
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