Option chain shows key data for Preformed Line Products's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for Preformed Line Products.

Preformed Line Products (NASDAQ:PLPC) Stock, Option Chain

Preformed Line Products

Preformed Line Products Co is a designer and manufacturer of products and systems for constructing and maintaining overhead and underground networks for energy, telecommunication, cable operators, data communication, and other industries. In addition, it provides solar hardware systems and mounting hardware for a variety of solar power applications. Its products consist of Energy Products, Communications Products, and Special Industries Products. The company's majority of the revenue is derived from the sale of products in The Americas with operations also in PLP-USA, Europe, the Middle East and Africa, and Asia-Pacific. The revenue gets driven by Energy products which comprise protecting transmission conductors, spacers, spacer-dampers, and Stockbridge dampers.

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PLPC

Preformed Line Products Company (NASDAQ: PLPC) reported challenging second-quarter 2024 results, with significant declines in both earnings and revenues from the prior-year period.

Preformed Line Products Earnings Decline Y/Y in Q2

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	OmniLit Acquisition Corp. (NASDAQ: OLIT) jumped 53.2% to $15.53. OmniLit announced that its merger with Syntec was approved by shareholders.


Why STAAR Surgical Shares Are Trading Lower By Around 16%? Here Are Other Stocks Moving In Thursday&#39;s Mid-Day Session

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Preformed Line Products Acquires Electric Hardware Provider Delta Conectores

Preformed Line Products Company - Common Stock

Preformed Line Products Co

<h3>Gainers</h3>
<ul>
<li>Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) shares moved upwards by 22.8% to $17.69 during Thursday's pre-market session. The company's market cap stands at $7.2 billion. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Nature's Miracle Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMHI#NASDAQ">NMHI</a>) stock increased by 11.45% to $0.11. The company's market cap stands at $3.4 million. </li>
<li>Earlyworks Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELWS#NASDAQ">ELWS</a>) stock increased by 10.01% to $6.7. The market value of their outstanding shares is at $20.2 million. </li>
<li>FREYR Battery (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FREY#NYSE">FREY</a>) stock moved upwards by 6.85% to $1.87. The market value of their outstanding shares is at $261.2 million. The company's, Q3 earnings came out yesterday. </li>
<li>Vast Renewables (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSTE#NASDAQ">VSTE</a>) shares rose 6.75% to $3.32. The market value of their outstanding shares is at $99.5 million. </li>
<li>Upwork (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPWK#NASDAQ">UPWK</a>) shares increased by 5.89% to $15.44. The market value of their outstanding shares is at $2.0 billion. As per the press release, Q3 earnings came out yesterday. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Exela Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XELA#NASDAQ">XELA</a>) stock declined by 36.9% to $1.25 during Thursday's pre-market session. The market value of their outstanding shares is at $7.9 million. </li>
<li>Simpple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPPL#NASDAQ">SPPL</a>) shares declined by 8.83% to $1.24. The market value of their outstanding shares is at $20.1 million. </li>
<li>Virgin Galactic Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPCE#NYSE">SPCE</a>) shares fell 8.71% to $6.5. The company's market cap stands at $185.1 million. The company's, Q3 earnings came out yesterday. </li>
<li>Preformed Line Products (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLPC#NASDAQ">PLPC</a>) stock decreased by 7.37% to $125.0. The company's market cap stands at $612.1 million. </li>
<li>GEO Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) shares fell 6.75% to $20.05. The company's market cap stands at $2.7 billion. As per the press release, Q3 earnings came out today. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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11 Industrials Stocks Moving In Thursday's Pre-Market Session

<h3>Gainers</h3>
<ul>
<li>Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) shares increased by 22.8% to $17.69 during Thursday's pre-market session. The market value of their outstanding shares is at $7.2 billion. The company's, Q3 earnings came out yesterday. </li>
<li>Nature's Miracle Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMHI#NASDAQ">NMHI</a>) stock rose 11.45% to $0.11. The market value of their outstanding shares is at $3.4 million. </li>
<li>Earlyworks Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELWS#NASDAQ">ELWS</a>) shares increased by 10.01% to $6.7. The company's market cap stands at $20.2 million. </li>
<li>FREYR Battery (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FREY#NYSE">FREY</a>) shares moved upwards by 6.85% to $1.87. The company's market cap stands at $261.2 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Vast Renewables (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSTE#NASDAQ">VSTE</a>) shares moved upwards by 6.75% to $3.32. The market value of their outstanding shares is at $99.5 million. </li>
<li>Upwork (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPWK#NASDAQ">UPWK</a>) shares moved upwards by 5.89% to $15.44. The market value of their outstanding shares is at $2.0 billion. The company's, Q3 earnings came out yesterday. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Exela Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XELA#NASDAQ">XELA</a>) stock declined by 36.9% to $1.25 during Thursday's pre-market session. The company's market cap stands at $7.9 million. </li>
<li>Simpple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPPL#NASDAQ">SPPL</a>) stock declined by 8.83% to $1.24. The company's market cap stands at $20.1 million. </li>
<li>Virgin Galactic Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPCE#NYSE">SPCE</a>) shares declined by 8.71% to $6.5. The company's market cap stands at $185.1 million. As per the press release, Q3 earnings came out yesterday. </li>
<li>Preformed Line Products (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLPC#NASDAQ">PLPC</a>) shares fell 7.37% to $125.0. The company's market cap stands at $612.1 million. </li>
<li>GEO Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) stock decreased by 6.75% to $20.05. The market value of their outstanding shares is at $2.7 billion. As per the press release, Q3 earnings came out today. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Preformed Line Products Q3 EPS $1.54 Down From $3.03 YoY, Sales $147M Down From $160.4M YoY

Preformed Line Products Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/plpc#NASDAQ">PLPC</a>) reported challenging second-quarter 2024 results, with significant declines in both earnings and revenues from the prior-year period. The company faced headwinds from reduced spending in the communications end market and unfavorable foreign currency translations.
Despite lower sales, PLPC managed to control operating costs. The company remains focused on cost reduction and strategic investments to navigate the current market conditions.
The following analysis delves into the detailed financial metrics and strategic developments that have contributed to the company&#39;s quarterly results.
<div class="chart_embed">
<h3>Preformed Line Products Company Price, Consensus and EPS Surprise</h3>
<img alt="Preformed Line Products Company Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/4a/1722603717.png" style="height:265px; width:544px" title="" />
Preformed Line Products Company price-consensus-eps-surprise-chart | Preformed Line Products Company Quote
</div>
<h3>Q2 Results</h3>
Preformed Line Products reported a second-quarter 2024 earnings per share of $1.89, significantly declining from the $4.08 reported in the year-ago quarter.
Total quarterly revenues of $138.7 million for second-quarter 2024 marked a 14% decrease from $181.8 million in the second quarter of 2023.
The weak quarterly results are primarily attributed to a continued slowdown in spending in the communications end market. Additionally, foreign currency translation negatively impacted the quarterly results.
<h3>Profitability</h3>
Net income for the second quarter of 2024 was $9.4 million, down 54% from the $20.5 million reported in the second quarter of 2023. The significant decrease in net income was mainly due to the lower gross profit resulting from decreased sales levels. However, this was partially offset by reductions in period expenses, interest expenses and income tax expenses.
Gross profit for the second quarter of 2024 was $44.3 million, down 33.2% from the $66.3 million reported in the second quarter of 2023. Gross profit as a percentage of net sales decreased by 460 basis points to 31.9% in the second quarter of 2024 from the prior-year quarter. This reduction is a direct consequence of the lower sales volume and the adverse impacts of reduced spending in the communications end market.
<h3>Operating Costs</h3>
Total operating costs for the second quarter of 2024 decreased to $32.98 million from $38.18 million in the second quarter of 2023. Selling costs decreased to $11.93 million from $13.01 million in the previous year.
General and administrative costs slipped year over year to $15.25 million from $18.22 million. Research and engineering costs slightly declined to $5.36 million from $5.76 million. The decrease in these expenses reflects the company&#39;s ongoing efforts to streamline operations and control costs amid reduced sales volumes.
<h3>Liquidity</h3>
As of Jun 30, 2024, PLPC&#39;s liquidity position included $47.4 million in cash, cash equivalents and restricted cash, marking a dip from $53.6 million at the end of 2023.
The company&#39;s debt profile comprised $2.8 million in the current portion of long-term debt, with an additional $28.8 million in long-term debt (excluding the current portion).
<h3>Management Guidance</h3>
The company remains optimistic about the market&#39;s prospects and continues to invest in product development, streamline manufacturing operations and expand its customer service portfolio. These actions are expected to position the company well for favorable market conditions.
<h3>Other Developments</h3>
PLPC highlighted the continuation of cost-reduction activities initiated in 2023, which have helped maintain financial stability during the market slowdown. These efforts include streamlining manufacturing operations and investing in product development.
<a href="https://www.zacks.com/stock/news/2315556/preformed-line-products-plpc-earnings-decline-y-y-in-q2?cid=CS-BENZ-FT-analyst_blog|earnings_article-2315556">To read this article on Zacks.com click here.</a>

Preformed Line Products Q2 Revenue $138.7M, EPS $1.89

Preformed Line Products (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLPC#NASDAQ">PLPC</a>) reported quarterly earnings of $1.94 per share. This is a 54.67 percent decrease over earnings of $4.28 per share from the same period last year. The company reported $140.90 million in sales this quarter. This is a 22.51 percent decrease over sales of $181.82 million the same period last year.

Preformed Line Products Q1 EPS $1.94 Down From $4.28 YoY, Sales $140.90M Down From $181.82M YoY

Preformed Line Products (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLPC#NASDAQ">PLPC</a>) reported quarterly earnings of $1.29 per share. This is a 60.67 percent decrease over earnings of $3.28 per share from the same period last year. The company reported $145.60 million in sales this quarter. This is a 14.31 percent decrease over sales of $169.92 million the same period last year.

Preformed Line Products Q4 EPS $1.29 Down From $3.28 YoY, Sales $145.60M Down From $169.92M YoY

At the end of today, January 19, 2024, Preformed Line Products (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLPC#NASDAQ">PLPC</a>) will distribute a dividend payout of $0.20 per share, translating to an annualized dividend yield of 0.61%. Shareholders who held the stock before the ex-dividend date on January 04, 2024 will benefit from this payout.
<h3>Preformed Line Products Recent Dividend Payouts</h3>
<style>
 table {
 width: 100%;
 border-collapse: collapse;
 font-family: Arial, sans-serif;
 font-size: 14px;
 }

 th, td {
 padding: 8px;
 text-align: left;
 }

 th {
 background-color: #293a5a;
 color: #fff;
 text-align: left;
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 background-color: #f2f4f8;
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 background-color: #e1e4ea;
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 }

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 font-size: 12px;
 color: #6c757d;
 }
 </style><table>
<thead>
<tr>
<th>Ex-Date</th>
<th style="text-align: right;">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-01-04</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>0.61%</td>
<td>2023-12-21</td>
<td>2024-01-05</td>
<td>2024-01-19</td>
</tr>
<tr>
<td>2023-09-29</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>0.5%</td>
<td>2023-09-20</td>
<td>2023-10-02</td>
<td>2023-10-20</td>
</tr>
<tr>
<td>2023-06-30</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>0.47%</td>
<td>2023-06-19</td>
<td>2023-07-03</td>
<td>2023-07-20</td>
</tr>
<tr>
<td>2023-03-31</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>0.66%</td>
<td>2023-03-22</td>
<td>2023-04-03</td>
<td>2023-04-20</td>
</tr>
<tr>
<td>2023-01-05</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>0.96%</td>
<td>2022-12-21</td>
<td>2023-01-06</td>
<td>2023-01-25</td>
</tr>
<tr>
<td>2022-09-30</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>1.0%</td>
<td>2022-09-13</td>
<td>2022-10-03</td>
<td>2022-10-20</td>
</tr>
<tr>
<td>2022-06-30</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>1.3%</td>
<td>2022-06-15</td>
<td>2022-07-01</td>
<td>2022-07-20</td>
</tr>
<tr>
<td>2022-04-07</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>1.27%</td>
<td>2022-03-28</td>
<td>2022-04-08</td>
<td>2022-04-20</td>
</tr>
<tr>
<td>2021-12-31</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>1.35%</td>
<td>2021-12-15</td>
<td>2022-01-03</td>
<td>2022-01-20</td>
</tr>
<tr>
<td>2021-09-30</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>1.18%</td>
<td>2021-09-16</td>
<td>2021-10-01</td>
<td>2021-10-20</td>
</tr>
<tr>
<td>2021-06-30</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>1.06%</td>
<td>2021-06-18</td>
<td>2021-07-01</td>
<td>2021-07-20</td>
</tr>
<tr>
<td>2021-03-31</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>1.07%</td>
<td>2021-03-18</td>
<td>2021-04-01</td>
<td>2021-04-20</td>
</tr>
</tbody>
</table>
Preformed Line Products's dividend yield falls in the middle range when compared to its industry peers, with Emerson Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMR#NYSE">EMR</a>) having the highest annualized dividend yield at 2.24%.
<h3>Analyzing Preformed Line Products Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1705676713_0.png" alt="dividend chart graph" />
Investors witnessed a steady dividend per share of $0.80 from 2020 to 2023, indicating the company's commitment to providing stability to shareholders through a reliable dividend payout. This consistent dividend policy offers a dependable income source for investors.
<h3>YoY Earnings Growth For Preformed Line Products</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1705676713_1.png" alt="earning chart graph" />
The earnings chart above shows that from 2020 to 2023, Preformed Line Products has experienced an increase in their earnings from $6.53 per share to $14.67 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
<h3>Recap</h3>
In this article, we delve into Preformed Line Products's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.20 per share today, resulting in an annualized dividend yield of 0.61%.
Preformed Line Products's dividend yield falls in the middle range when compared to its industry peers, with Emerson Electric having the highest annualized dividend yield at 2.24%.
Despite no adjustment in the dividend per share over the period of 2020 to 2023, the consistent growth in earnings per share for Preformed Line Products indicates a sound financial status, which could enable the company to continue sharing profits with its investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
[Monitor live stock price updates for Preformed Line Products on Benzinga.](https://www.benzinga.com/quote/Preformed Line Products (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/plpc#NASDAQ">PLPC</a>))
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Dividends

Stable Payouts, Increasing Performance: Preformed Line Products Supports Investors with Growing Earnings

Wednesday marks the last chance for investors to receive the next dividend payout from Preformed Line Products (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLPC#NASDAQ">PLPC</a>). 
<h3>What's Happening</h3>
The company announced on Thursday that it would pay shareholders a quarterly dividend of 20 cents per share. On Thursday, Preformed Line Products will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 20 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own PLPC as of the end of Wednesday's session are eligible to receive the 20 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on January 19, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To read more news on Preformed Line Products <a href="https://www.benzinga.com/stock//">click here</a>
<a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.

Wednesday Is Your Last Chance To Buy Preformed Line Products Before The Dividend Payout

<h3>What are Value Stocks?</h3>
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. 
<h2>Below is a list of notable value stocks in the industrials sector:</h2>
<ol>
<li>Mueller Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLI#NYSE">MLI</a>) - P/E: 8.74</li>
<li>Preformed Line Products (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLPC#NASDAQ">PLPC</a>) - P/E: 9.17</li>
<li>Pangaea Logistics Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANL#NASDAQ">PANL</a>) - P/E: 9.09</li>
<li>Allegiant Travel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>) - P/E: 8.93</li>
<li>American Airlines Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) - P/E: 5.9</li>
</ol>
Mueller Industries has reported Q3 earnings per share at $0.59, which has decreased by 62.18% compared to Q2, which was 1.56. Its most recent dividend yield is at 1.53%, which has increased by 0.04% from 1.49% in the previous quarter.
Most recently, Preformed Line Products reported earnings per share at $3.03, whereas in Q2 earnings per share sat at $4.08. Most recently, the company reported a dividend yield of 0.61%, which has increased by 0.11% from last quarter's yield of 0.5%.
Pangaea Logistics Solns saw an increase in earnings per share from 0.1 in Q2 to $0.32 now. Its most recent dividend yield is at 6.62%, which has increased by 0.91% from 5.71% in the previous quarter.
Allegiant Travel's earnings per share for Q3 sits at $0.09, whereas in Q2, they were at 4.35. The company's most recent dividend yield sits at 3.91%, which has increased by 1.94% from 1.97% last quarter. 
Most recently, American Airlines Group reported earnings per share at $0.38, whereas in Q2 earnings per share sat at $1.92. Most recently, the company reported a dividend yield of 1.46%, which has increased by 0.05% from last quarter's yield of 1.41%.
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

ALGT

PANL

Overview Of Value Stocks In The Industrials Sector

Preformed Line Products Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLPC#NASDAQ">PLPC</a>) today announced that its Board of Directors has appointed Dennis F. McKenna as Chief Executive Officer, effective January 1, 2024. Mr. McKenna assumes the role from Robert G.&nbsp;Ruhlman, who has served as CEO since 2000 and who will become Executive Chairman of the company.
Dennis McKenna is a long-standing employee of PLP, joining the company's ranks in 1993 and steadily progressing through various leadership roles over his impressive thirty-year career. Most recently, Dennis served as the company's Chief Operating Officer, where he oversaw PLP's global operations and business development teams.
As CEO, Dennis will help lead a company that has experienced multiple years of consistent growth and will focus on continuing to expand the company's global sales, engineering and manufacturing capabilities. Earlier this year, in May, J. Ryan Ruhlman was named President of the company and will concentrate on driving PLP's business development objectives, marketing strategies and people-centric goals.
&nbsp;"PLP's Board of Directors couldn't be more pleased with the appointment of Dennis as PLP's 4th CEO in the company's 76-year history," said Rob Ruhlman, current CEO and future Executive Chairman. "I am especially proud and fortunate that someone like Dennis, who has spent thirty years with the company, has risen through the ranks to become our next Chief Executive Officer – an incredible validation of the emphasis we place on employee retention and development."
"It's an honor and privilege to have the opportunity to serve as CEO of PLP," said McKenna. "Like so many people at this company, I have a passion for helping the people we interact with every day and the critical industries we serve. I look forward to working closely with Rob, Ryan, the Board and the entire&nbsp;PLP organization as we continue to expand our product offerings, diversify globally and provide the unparalleled service that our customers and partners worldwide have come to expect from this great company."

Management

PLP Appoints Dennis F. Mckenna As Chief Executive Officer, Robert G. Ruhlman As Executive Chairman

<h3>Gainers</h3>
<ul>
<li>OmniLit Acquisition Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/olit#NASDAQ">OLIT</a>) jumped 53.2% to $15.53. OmniLit announced that its merger with Syntec was approved by shareholders.</li>
<li>Panbela Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pbla#NASDAQ">PBLA</a>) shares climbed 40.6% to $1.1050. Panbela announced the publication of preclinical and clinical data from studies of CPP-1X (also known as &alpha;-Difluoromethylornithine (DFMO) or Eflornithine) in recent onset type 1 diabetes (T1D).</li>
<li>Lemonade, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lmnd#NYSE">LMND</a>) climbed 37.2% to $15.09 following strong third-quarter results.</li>
<li>Aware, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/awre#NASDAQ">AWRE</a>) shares climbed 36.2% to $1.4299 after the company reported strong quarterly sales results.</li>
<li>Alpine Immune Sciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/alpn#NASDAQ">ALPN</a>) rose 35.4% to $14.25. The company presented initial clinical data on povetacicept in autoimmune glomerulonephritis in a late-breaking poster session at the American Society of Nephrology Kidney Week 2023.</li>
<li>Rocky Brands, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rcky#NASDAQ">RCKY</a>) gained 33.9% to $16.87 after the company reported better-than-expected third-quarter financial results.</li>
<li>8x8, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/eght#NASDAQ">EGHT</a>) gained 31.2% to $3.0050 following upbeat quarterly results.</li>
<li>Kodiak Sciences Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kod#NASDAQ">KOD</a>) jumped 30.8% to $2.0150 after the company said data from tarcocimab tedromer will be presented during the annual meeting of the American Academy of Ophthalmology to be held Nov. 3-6 in San Francisco.</li>
<li>JAKKS Pacific, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jakk#NASDAQ">JAKK</a>) jumped 30% to $22.17 after the company reported better-than-expected third-quarter financial results.</li>
<li>Omega Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/omga#NASDAQ">OMGA</a>) gained 26% to $1.71.</li>
<li>Roku, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/roku#NASDAQ">ROKU</a>) shares surged 25.7% to $75.06 after the company reported better-than-expected third-quarter sales results.</li>
<li>AudioCodes Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/audc#NASDAQ">AUDC</a>) shares rose 24.9% to $9.78 after the company reported better-than-expected third-quarter financial results.</li>
<li>Hyzon Motors Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hyzn#NASDAQ">HYZN</a>) jumped 24.3% to $0.92.</li>
<li>Arcellx, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aclx#NASDAQ">ACLX</a>) gained 23.3% to $42.42. Arcellx announced oral presentation for its CART-ddBCMA Phase 1 trial in patients with relapsed or refractory multiple myeloma at the 65th ASH Annual Meeting and Exposition.</li>
<li>Shopify Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/shop#NYSE">SHOP</a>) surged 22.4% to $59.69 after the company reported better-than-expected third-quarter financial results.</li>
<li>Local Bounti Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/locl#NYSE">LOCL</a>) gained 22.2% to $2.6399.</li>
<li>Advent Technologies Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adn#NASDAQ">ADN</a>) jumped 22% to $0.46.</li>
<li>Joby Aviation, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/joby#NYSE">JOBY</a>) climbed 21.3% to $6.50 following strong earnings.</li>
<li>Sinclair, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sbgi#NASDAQ">SBGI</a>) gained 21.2% to $12.86 following quarterly results.</li>
<li>Virios Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/viri#NASDAQ">VIRI</a>) gained 21.1% to $0.6240.</li>
<li>Theratechnologies Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/thtx#NASDAQ">THTX</a>) climbed 20.2% to $1.07.</li>
<li>Pactiv Evergreen Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ptve#NASDAQ">PTVE</a>) gained 19.8% to $10.22 following upbeat earnings.</li>
<li>Fastly, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fsly#NYSE">FSLY</a>) shares jumped 18.7% to $16.92 after the company reported upbeat third-quarter financial results.</li>
<li>Benson Hill, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bhil#NASDAQ">BHIL</a>) rose 18.6% to $0.1963.</li>
<li>Palantir Technologies Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pltr#NYSE">PLTR</a>) surged 18.5% to $17.68 after the company reported better-than-expected third-quarter financial results and raised FY23 revenue guidance.</li>
<li>Opendoor Technologies Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/open#NASDAQ">OPEN</a>) jumped 18.3% to $2.2350.</li>
<li>Pitney Bowes Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pbi#NYSE">PBI</a>) gained 18.3% to $3.75 following upbeat earnings.</li>
<li>Park-Ohio Holdings Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pkoh#NASDAQ">PKOH</a>) climbed 17.9% to $27.08 following upbeat earnings.</li>
<li>DoorDash, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dash#NASDAQ">DASH</a>) gained 17.7% to $89.32 after the company reported better-than-expected third-quarter sales results.</li>
<li>Informatica Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/infa#NYSE">INFA</a>) rose 17.7% to $22.55 after the company posted upbeat quarterly sales and announced a restructuring plan.</li>
<li>Energy Recovery, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/erii#NASDAQ">ERII</a>) jumped 17.5% to $16.93 following strong earnings.</li>
<li>Lightspeed Commerce Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lspd#NYSE">LSPD</a>) gained 16.5% to $14.50 after posting quarterly results.</li>
<li>Aviat Networks, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avnw#NASDAQ">AVNW</a>) surged 15.9% to $30.67 following first-quarter results.</li>
<li>JFrog Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/frog#NASDAQ">FROG</a>) climbed 15.6% to $26.07 after the company reported better-than-expected third-quarter financial results and issued guidance.</li>
<li>Sabre Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sabr#NASDAQ">SABR</a>) rose 15.5% to $4.0450 following strong sales.</li>
<li>Avis Budget Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/car#NASDAQ">CAR</a>) gained 14.1% to $187.11 after the company posted upbeat earnings and announced management realignment.</li>
<li>Cellectis S.A. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clls#NASDAQ">CLLS</a>) shares climbed 14% to $3.0094. Cellectis shares are jumped around 174% on Wednesday after the company announced a research agreement with AstraZeneca. The company is scheduled to report financial results for the third quarter on Nov. 6, 2023.</li>
<li>Cars.com Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cars#NYSE">CARS</a>) gained 13% to $17.00 following third-quarter results.</li>
<li>LumiraDx Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lmdx#NASDAQ">LMDX</a>) shares rose 8.7% to $0.0889 after falling 17% on Wednesday. LumiraDX recently announced the receipt of the Nasdaq delisting determination.</li>
<li>The Clorox Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/clx#NYSE">CLX</a>) gained 7.6% to $124.13 after the company reported better-than-expected quarterly sales results.</li>
<li>Lyft, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lyft#NASDAQ">LYFT</a>) gained 7.3% to $9.84.</li>
<li>QUALCOMM Incorporated (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qcom#NASDAQ">QCOM</a>) gained 4.9% to $116.26 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates.</li>
<li>PayPal Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pypl#NASDAQ">PYPL</a>) shares rose 3.9% to $53.65 following upbeat results.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Outlook Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/otlk#NASDAQ">OTLK</a>) shares fell 48.3% to $0.3268 after the FDA informed the company that an additional adequate and well-controlled clinical trial would be required for the approval of ONS-5010 for the treatment of wet AMD.</li>
<li>Confluent, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cflt#NASDAQ">CFLT</a>) fell 44.3% to $15.68 after the company reported third-quarter financial results.</li>
<li>Remitly Global, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rely#NASDAQ">RELY</a>) dipped 33.2% to $18.43 after the company reported mixed third-quarter financial results.</li>
<li>Acurx Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acxp#NASDAQ">ACXP</a>) fell 31.4% to $3.48 after the company released efficacy results from a Phase 2 trial.</li>
<li>reAlpha Tech Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aire#NASDAQ">AIRE</a>) declined 31.1% to $12.06</li>
<li>POET Technologies Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/poet#NASDAQ">POET</a>) dipped 29.4% to $1.9212 after the company initiated a public offering in the United States and a non-brokered offering in Canada.</li>
<li>Gannett Co., Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gci#NYSE">GCI</a>) fell 24.8% to $1.7290 following third-quarter results.</li>
<li>DarioHealth Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/drio#NASDAQ">DRIO</a>) declined 23.3% to $0.7746 following downbeat quarterly results.</li>
<li>Seres Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mcrb#NASDAQ">MCRB</a>) fell 19.7% to $1.1550 following quarterly results.</li>
<li>Sangamo Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sgmo#NASDAQ">SGMO</a>) dropped 18.5% to $0.4814 following weak quarterly results.</li>
<li>Safe and Green Development Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sgd#NASDAQ">SGD</a>) shares fell 18% to $0.7715 after declining 6% on Wednesday.</li>
<li>Connect Biopharma Holdings Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cntb#NASDAQ">CNTB</a>) declined 18% to $1.4522.</li>
<li>Omnicell, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/omcl#NASDAQ">OMCL</a>) declined 17.5% to $29.51 following third-quarter results.</li>
<li>Procore Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pcor#NASDAQ">PCOR</a>) shares fell 17.3% to $49.79 after the company reported third-quarter financial results and issued guidance.</li>
<li>Inari Medical, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nari#NASDAQ">NARI</a>) declined 16.8% to $51.05 after the company reported third-quarter results and announced it will acquire LimFlow for $250 million in cash.</li>
<li>Regal Rexnord Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rrx#NYSE">RRX</a>) dipped 16.8% to $98.26 following downbeat results.</li>
<li>STAAR Surgical Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/staa#NASDAQ">STAA</a>) fell 16.5% to $36.18 following third-quarter results.</li>
<li>Preformed Line Products Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/plpc#NASDAQ">PLPC</a>) declined 16.4% to $115.84 following third-quarter results.</li>
<li>Tenable Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tenb#NASDAQ">TENB</a>) fell 15.6% to $35.40 following third-quarter results.</li>
<li>Werewolf Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/howl#NASDAQ">HOWL</a>) shares fell 15.4% to $1.93 after dipping around 9% on Wednesday.</li>
<li>Sturm, Ruger &amp; Company, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rgr#NYSE">RGR</a>) declined 14.8% to $46.30 following weak quarterly results.</li>
<li>CRA International, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crai#NASDAQ">CRAI</a>) fell 14.6% to $83.00 following weak quarterly results.</li>
<li>Belden Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bdc#NYSE">BDC</a>) declined 14.4% to $61.45 following weak fourth-quarter guidance.</li>
<li>KBR, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kbr#NYSE">KBR</a>) fell 13.5% to $50.41 following weak sales.</li>
<li>Pediatrix Medical Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/md#NYSE">MD</a>) declined 11.7% to $9.89 following weak results.</li>
<li>DENTSPLY SIRONA Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xray#NASDAQ">XRAY</a>) dropped 11.6% to $27.25 following downbeat sales.</li>
<li>Markel Group Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mkl#NYSE">MKL</a>) declined 11.6% to $1,319.19. The company reported third-quarter financial results.</li>
<li>BorgWarner Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bwa#NYSE">BWA</a>) fell 11.4% to $32.90 after it reported third-quarter earnings.</li>
<li>Marriott Vacations Worldwide Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vac#NYSE">VAC</a>) declined 10.3% to $79.73 following quarterly results.</li>
<li>Nu Skin Enterprises, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nus#NYSE">NUS</a>) fell 10.2% to $16.73 following weak earnings.</li>
<li>Envista Holdings Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nvst#NYSE">NVST</a>) fell 9.5% to $20.80 after reporting weak third-quarter results.</li>
<li>SolarEdge Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sedg#NASDAQ">SEDG</a>) shares fell 9% to $68.95 after the company reported weaker-than-expected sales for its third quarter.</li>
<li>Crocs, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crox#NASDAQ">CROX</a>) fell 8.4% to $80.06 after the company slashed its FY23 outlook.</li>
<li>Tempur Sealy International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tpx#NYSE">TPX</a>) declined 8.3% to $37.03 following weak results.</li>
<li>AXIS Capital Holdings Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/axs#NYSE">AXS</a>) dropped 7.7% to $53.44 following quarterly results.</li>
<li>Revolve Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rvlv#NASDAQ">RVLV</a>) fell 5.8% to $12.71 following weak quarterly earnings.</li>
<li>QuinStreet, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qnst#NASDAQ">QNST</a>) fell 4.4% to $11.15 following quarterly results.</li>
<li>Albemarle Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/alb#NYSE">ALB</a>) shares declined 3.8% to $118.30 after reporting latest-quarter results.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/earnings/23/11/35565159/apple-gears-up-for-q4-print-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call"> Apple Gears Up For Q4 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call </a>

Why STAAR Surgical Shares Are Trading Lower By Around 16%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

<h3>Gainers</h3>
<ul>
<li>Hyzon Motors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYZN#NASDAQ">HYZN</a>) shares rose 25.6% to $0.93 during Thursday's regular session. Trading volume for this security as of 13:31 EST is 628.9K, which is 99.3% of its average full-day volume over the last 100 days. The company's market cap stands at $227.4 million. </li>
<li>Pitney Bowes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBI#NYSE">PBI</a>) stock moved upwards by 23.65% to $3.92. As of 13:31 EST, Pitney Bowes's stock is trading at a volume of 3.6 million, which is 257.1% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $690.0 million. The company's, Q3 earnings came out today. </li>
<li>Li-Cycle Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LICY#NYSE">LICY</a>) shares moved upwards by 23.64% to $1.59. Li-Cycle Holdings's stock is trading at a volume of 2.3 million shares as of 13:31 EST. This is 96.5% of its average full-day volume over the last 100 days. The company's market cap stands at $284.0 million. </li>
<li>Mynaric (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYNA#NASDAQ">MYNA</a>) stock rose 21.93% to $4.28. The company's market cap stands at $106.7 million. </li>
<li>Markforged Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MKFG#NYSE">MKFG</a>) shares increased by 21.64% to $0.77. As of 13:31 EST, Markforged Holding's stock is trading at a volume of 840.5K, which is 75.2% of its average full-day volume over the last 100 days. The company's market cap stands at $151.2 million. </li>
<li>Energous (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WATT#NASDAQ">WATT</a>) shares moved upwards by 21.38% to $2.1. Trading volume for this security as of 13:31 EST is 175.4K, which is 295.8% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $9.6 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Preformed Line Products (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLPC#NASDAQ">PLPC</a>) stock decreased by 18.0% to $113.53 during Thursday's regular session. The company's market cap stands at $558.0 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Regal Rexnord (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RRX#NYSE">RRX</a>) shares declined by 15.91% to $99.41. Trading volume for this security as of 13:31 EST is 1.5 million, which is 425.2% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $6.5 billion. As per the press release, Q3 earnings came out yesterday. </li>
<li>Staffing 360 Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STAF#NASDAQ">STAF</a>) stock decreased by 14.37% to $0.53. The market value of their outstanding shares is at $2.9 million. </li>
<li>CRA Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRAI#NASDAQ">CRAI</a>) stock fell 13.84% to $83.75. Trading volume for this security as of 13:31 EST is 53.0K, which is 249.2% of its average full-day volume over the last 100 days. The company's market cap stands at $586.3 million. The company's, Q3 earnings came out today. </li>
<li>KBR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBR#NYSE">KBR</a>) shares fell 13.8% to $50.23. Trading volume for this security as of 13:31 EST is 4.2 million, which is 334.5% of its average full-day volume over the last 100 days. The company's market cap stands at $6.7 billion. The company's, Q3 earnings came out today. </li>
<li>Franklin Covey (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FC#NYSE">FC</a>) stock decreased by 12.39% to $33.85. As of 13:31 EST, Franklin Covey's stock is trading at a volume of 199.7K, which is 367.1% of its average full-day volume over the last 100 days. The company's market cap stands at $446.9 million. As per the news, the Q4 earnings report came out yesterday. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

LICY

MKFG

MYNA

STAF

WATT

12 Industrials Stocks Moving In Thursday's Intraday Session

Preformed Line Products (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLPC#NASDAQ">PLPC</a>) reported quarterly earnings of $4.08 per share. This is a 47.29 percent increase over earnings of $2.77 per share from the same period last year. The company reported $181.81 million in sales this quarter. This is a 11.22 percent increase over sales of $163.47 million the same period last year.

Preformed Line Products Q2 EPS $4.08 Up From $2.77 YoY, Sales $181.81M Up From $163.47M YoY

At the end of today, July 20, 2023, Preformed Line Products (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLPC#NASDAQ">PLPC</a>) will distribute a dividend payout of $0.20 per share, translating to an annualized dividend yield of 0.47%. Shareholders who held the stock before the ex-dividend date on June 30, 2023 will benefit from this payout.
<h3>Preformed Line Products Recent Dividend Payouts</h3>
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 border-collapse: collapse;
 font-family: Arial, sans-serif;
 font-size: 14px;
 }

 th, td {
 padding: 8px;
 text-align: left;
 }

 th {
 background-color: #293a5a;
 color: #fff;
 text-align: left;
 }

 tr:nth-child(even) {
 background-color: #f2f4f8;
 }

 tr:hover {
 background-color: #e1e4ea;
 }

 td:nth-child(3), td:nth-child(5) {
 text-align: left;
 }

 .dividend-amount {
 font-weight: bold;
 color: #0d6efd;
 }

 .dividend-frequency {
 font-size: 12px;
 color: #6c757d;
 }
 </style><table>
<thead>
<tr>
<th>Ex-Date</th>
<th align="right">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-06-30</td>
<td align="right">4</td>
<td>$0.2</td>
<td>0.47%</td>
<td>2023-06-19</td>
<td>2023-07-03</td>
<td>2023-07-20</td>
</tr>
<tr>
<td>2023-03-31</td>
<td align="right">4</td>
<td>$0.2</td>
<td>0.66%</td>
<td>2023-03-22</td>
<td>2023-04-03</td>
<td>2023-04-20</td>
</tr>
<tr>
<td>2023-01-05</td>
<td align="right">4</td>
<td>$0.2</td>
<td>0.96%</td>
<td>2022-12-21</td>
<td>2023-01-06</td>
<td>2023-01-25</td>
</tr>
<tr>
<td>2022-09-30</td>
<td align="right">4</td>
<td>$0.2</td>
<td>1.0%</td>
<td>2022-09-13</td>
<td>2022-10-03</td>
<td>2022-10-20</td>
</tr>
<tr>
<td>2022-06-30</td>
<td align="right">4</td>
<td>$0.2</td>
<td>1.3%</td>
<td>2022-06-15</td>
<td>2022-07-01</td>
<td>2022-07-20</td>
</tr>
<tr>
<td>2022-04-07</td>
<td align="right">4</td>
<td>$0.2</td>
<td>1.27%</td>
<td>2022-03-28</td>
<td>2022-04-08</td>
<td>2022-04-20</td>
</tr>
<tr>
<td>2021-12-31</td>
<td align="right">4</td>
<td>$0.2</td>
<td>1.35%</td>
<td>2021-12-15</td>
<td>2022-01-03</td>
<td>2022-01-20</td>
</tr>
<tr>
<td>2021-09-30</td>
<td align="right">4</td>
<td>$0.2</td>
<td>1.18%</td>
<td>2021-09-16</td>
<td>2021-10-01</td>
<td>2021-10-20</td>
</tr>
<tr>
<td>2021-06-30</td>
<td align="right">4</td>
<td>$0.2</td>
<td>1.06%</td>
<td>2021-06-18</td>
<td>2021-07-01</td>
<td>2021-07-20</td>
</tr>
<tr>
<td>2021-03-31</td>
<td align="right">4</td>
<td>$0.2</td>
<td>1.07%</td>
<td>2021-03-18</td>
<td>2021-04-01</td>
<td>2021-04-20</td>
</tr>
<tr>
<td>2020-12-31</td>
<td align="right">4</td>
<td>$0.2</td>
<td>1.22%</td>
<td>2020-12-17</td>
<td>2021-01-04</td>
<td>2021-01-20</td>
</tr>
<tr>
<td>2020-09-30</td>
<td align="right">4</td>
<td>$0.2</td>
<td>1.58%</td>
<td>2020-09-14</td>
<td>2020-10-01</td>
<td>2020-10-20</td>
</tr>
</tbody>
</table>
Preformed Line Products's dividend yield falls in the middle range when compared to its industry peers, with Powell Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) having the highest annualized dividend yield at 1.67%.
<h3>Analyzing Preformed Line Products Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1689865531_0.png" alt="dividend chart graph" />
Throughout the period of 2019 to 2022, the company maintained a steady dividend per share of $0.80. This demonstrates the company's commitment to a stable dividend policy, which can be reassuring for investors looking for reliable income sources.
<h3>YoY Earnings Growth For Preformed Line Products</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1689865531_1.png" alt="earning chart graph" />
From 2019 to 2022, Preformed Line Products has demonstrated an upward trend in earnings, with earnings per share rising from $4.49 to $9.41. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
<h3>Recap</h3>
This article delves into the recent dividend payout of Preformed Line Products and its implications for shareholders. Presently, the company is distributing a dividend of $0.20 per share, leading to an annualized dividend yield of 0.47%.
Preformed Line Products's dividend yield falls in the middle range when compared to its industry peers, with Powell Industries having the highest annualized dividend yield at 1.67%.
Despite no adjustment in the dividend per share over the period of 2019 to 2022, the consistent growth in earnings per share for Preformed Line Products indicates a sound financial status, which could enable the company to continue sharing profits with its investors.
To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

&nbsp;The Board of Directors of Preformed Line Products Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLPC#NASDAQ">PLPC</a>) is pleased to announce that it has appointed Mr. J.&nbsp;Ryan Ruhlman, age 40, as President of the Company. He takes over this role from&nbsp;Robert G. Ruhlman&nbsp;who has served as President since 1995 and who remains Chairman and CEO.
Ryan Ruhlman&nbsp;has been employed by the Company since&nbsp;January 2002&nbsp;and has worked in various roles in Research and Engineering, Manufacturing and International Operations. He was promoted, in&nbsp;December 2015, to Vice President, Marketing and Business Development where he has been responsible for the Distribution and Transmission markets, Special Industries and Marketing Communications. As President, Ryan&#39;s responsibilities will initially expand to include PLP Mexico, PLP Canada, Corporate Human Resources and a consolidated Business Development Group.
Rob Ruhlman, Chairman and CEO, said, &quot;One of my biggest responsibilities in recent years has been succession planning and assuring the right people are in the right roles to allow us to continue to build on our wonderful legacy. As we have grown at an ever-increasing pace in recent years it has become very important to redistribute areas of responsibility for both geographic and market reasons. Ryan has a life-long association with, knowledge of and passion for the Company that will enable him to help lead the organization for many years to come. I am very proud to be passing this baton at this time.&quot;

Plp Names J. Ryan Ruhlman President Of The Company

Preformed Line Products shares are trading higher following Q1 results.

Thursday marks the last chance for investors to receive the next dividend payout from Preformed Line Products (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLPC#NASDAQ">PLPC</a>). 
<h3>What's Happening</h3>
The company announced on Wednesday that it would pay shareholders a quarterly dividend of 20 cents per share. On Friday, Preformed Line Products will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 20 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own PLPC as of the end of Thursday's session are eligible to receive the 20 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on April 20, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Thursday Is Your Last Chance To Buy Preformed Line Products Before The Dividend Payout

Preformed Line Products (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLPC#NASDAQ">PLPC</a>) reported quarterly earnings of $3.28 per share. This is a 83.24 percent increase over earnings of $1.79 per share from the same period last year. The company reported $169.92 million in sales this quarter. This is a 29.27 percent increase over sales of $131.45 million the same period last year.

Preformed Line Products Q4 EPS $3.28 Up From $1.79 YoY, Sales $169.92M Up From $131.45M YoY

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