Perma-Pipe Q3 net sales $41.6M (-9% YoY); net income $2.5M (+29%); backlog hits $114.2M

Perma-Pipe International Holdings, Inc.

2025-Q3 EPS reported $0.90 revenue$113,397,000

Q3 net sales $41.6M vs $45.7M prior year; net income $2.5M vs $1.9M, up 29%.
YTD net sales $113.4M (+3%); net income $7.2M vs $1.8M, up 294%, best since 2017 transition.
Backlog $114.2M at Oct 31, 2024, up from $68.5M at Jan 31, 2024, highest since 2017.
Q3 gross margin improved to 34% from 29% on better product mix.
CEO cites infrastructure spending in Saudi Arabia, India, UAE as key growth drivers.

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.