Preformed Line Products Company (PLPC) reported a 19% year-over-year increase in consolidated sales for Q1, with energy segment sales up 22% and a significant 41% boost in PLP-USA energy market sales attributed to transmission-related demand. Approximately 71% of the company’s revenue comes from the energy sector, while the communications segment contributes 24%.
Acorn Energy Inc. (ACFN) has announced a strategic partnership with Israel-based AIO Systems, enabling the company to market AIO products under its own brand, starting in the second half of 2026. ACFN currently holds a 80.2% gross margin overall, with monitoring revenue at 94.1%. The agreement aims to enhance revenues from a service model that supports over 110,000 sites globally.
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