Preformed Line posts 4Q profit

MAYFIELD VILLAGE, Ohio (AP) _ Preformed Line Products Co. (PLPC) on Friday reported fourth-quarter net income of $702,000.

On a per-share basis, the Mayfield Village, Ohio-based company said it had profit of 14 cents.

The wire and hardware provider for energy, telecommunication, cable and data industries posted revenue of $96.9 million in the period.

For the year, the company reported profit of $12.7 million, or $2.47 per share. Revenue was reported as $378.2 million.

Preformed Line shares have dropped 9 percent since the beginning of the year. The stock has risen 43 percent 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