---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-020134"
form_type: "8-K"
ticker: "PPIH"
cik: "0000914122"
company_name: "Perma-Pipe International Holdings, Inc."
filed_at: "2024-06-13T23:59:59+00:00"
generated_at: "2026-06-01T04:45:36.109092+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Perma-Pipe Q1 net income $1.4M, reversing $1.1M loss; revenue up 15%

## Summary
- Net sales $34.3M, up 15% YoY from $29.7M, driven by Middle East and India.
- Net income attributable to common stock $1.4M vs $(1.1M) loss in Q1 2023.
- Gross margin improved to 31% from 23%; income before taxes $2.6M vs $(0.4M).
- Backlog $63.1M, down $5.3M from Jan 31 but up $3.7M vs prior-year quarter.
- CEO cites strength in Saudi Arabia, India, UAE; Qatar expansion expected this fiscal year.

## SEC filing metadata
- accession: 0001437749-24-020134
- form_type: 8-K
- ticker: PPIH
- cik: 0000914122
- company_name: Perma-Pipe International Holdings, Inc.
- filed_at: 2024-06-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/914122/000143774924020134/0001437749-24-020134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/914122/000143774924020134/ppih20240429_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-020134
- JSON: https://secwatch.observer/filing/0001437749-24-020134.json
- Plain text: https://secwatch.observer/filing/0001437749-24-020134.txt

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