---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-033939"
form_type: "8-K"
ticker: "PPIH"
cik: "0000914122"
company_name: "Perma-Pipe International Holdings, Inc."
filed_at: "2023-12-08T23:59:59+00:00"
generated_at: "2026-06-07T15:57:49.093982+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-23-033939
- form_type: 8-K
- ticker: PPIH
- cik: 0000914122
- company_name: Perma-Pipe International Holdings, Inc.
- filed_at: 2023-12-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/914122/000143774923033939/0001437749-23-033939-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/914122/000143774923033939/ppih20230918_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-033939
- JSON: https://secwatch.observer/filing/0001437749-23-033939.json
- Plain text: https://secwatch.observer/filing/0001437749-23-033939.txt

## Key facts
- Earnings Releases
  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
  source text: (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
  evidence_url: https://www.sec.gov/Archives/edgar/data/914122/000143774923033939/0001437749-23-033939-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.