- Preformed Line Products press release ( NASDAQ: PLPC ): Q3 GAAP EPS of $2.36.
- Revenue of $165.4M (+22.2% Y/Y).
- Second consecutive record of quarterly net sales; increased 22% from comparable 2021 period
- Net income of $11.9 million, an increase of 11% from Q3 2021
- Results include a non-cash goodwill impairment charge of $6.5 million for the Asia-Pacific region. Excluding the impairment charge, net income was $18.4 million, an increase of 72% from Q3 2021 and a quarterly record.
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Preformed Line Products GAAP EPS of $2.36, revenue of $165.4M