Perma-Pipe Q3 net sales up 21% to $45.7M; income before taxes $4.9M

Perma-Pipe International Holdings, Inc.

2023-Q3 EPS reported $0.23 revenue$110,489,000

Net sales $45.7M (+21% YoY); income before taxes $4.9M vs $2.9M in Q3 2022.
Backlog grew to $73.1M (~half-year revenue at current run rate).
Saudi Arabia JV exceeded expectations; new plants in Eastern Canada (Sept) and Abu Dhabi ramping up.
Matthew Lewicki appointed CFO succeeding Bryan Norwood upon retirement.
Net income attributable to common stock $1.9M vs $1.7M YoY.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Perma-Pipe International Holdings, Inc. reported third quarter ended October 31, 2023 results: revenue $45.7 million, net income $1.9 million.

Period: third quarter ended October 31, 2023
Revenue: $45.7 million
Net income: $1.9 million
Result: reported results

Exact text from the filing

(847) 929-1200 investor@permapipe.com Perma-Pipe International Holdings, Inc. Announces its Third Quarter Fiscal 2023 Financial Results • The Company generated n et sales of $ 45.7 million as compared to $ 37.9 million in the third quarter of 2022 • Income before income taxes of $ 4.9 million versus $ 2.9 million in the third quarter of 2022 • Backlog of $73.1

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

Perma-Pipe International Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-23-033939

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.