{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-025921","form_type":"8-K","ticker":"PPIH","cik":"0000914122","company_name":"Perma-Pipe International Holdings, Inc.","filed_at":"2023-09-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.007166+00:00","generated_at":"2026-06-10T17:06:58.602074+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Perma-Pipe Q2 net sales $35.1M (-5% YoY); net income $1.0M vs $1.9M","bullets":["Net sales $35.1M, down from $37.0M in Q2 2022; gross profit $9.5M (27% of sales).","Income before taxes $2.1M vs $2.8M; effective tax rate 45.2% due to U.S. valuation allowance.","Backlog grew to $63.9M; Saudi JV commenced June 1; Eastern Canada expansion near completion.","One-time $0.5M tax expense from pension plan termination; project schedules slipped.","Net income attributable to common stock $1.0M (~$0.10 EPS) vs $1.9M in prior year."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-025921","json":"https://secwatch.observer/filing/0001437749-23-025921.json","markdown":"https://secwatch.observer/filing/0001437749-23-025921.md","text":"https://secwatch.observer/filing/0001437749-23-025921.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/914122/000143774923025921/0001437749-23-025921-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/914122/000143774923025921/ppih20230620_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T17:06:58.602074+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c2e2a853b617f37cc8745815507734ba00ce772c","claim":"Perma-Pipe International Holdings, Inc. reported financial results for second quarter ended July 31, 2023.","evidence_excerpt":"On September 14, 2023, Perma-Pipe International Holdings, Inc. issued a press release announcing its financial results for its second quarter ended July 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/914122/000143774923025921/0001437749-23-025921-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended July 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}