---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-038262"
form_type: "8-K"
ticker: "PPIH"
cik: "0000914122"
company_name: "Perma-Pipe International Holdings, Inc."
filed_at: "2024-12-23T23:59:59+00:00"
generated_at: "2026-05-28T23:58:55.579101+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 $41.6M (-9% YoY); net income $2.5M (+29%); backlog hits $114.2M

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-24-038262
- form_type: 8-K
- ticker: PPIH
- cik: 0000914122
- company_name: Perma-Pipe International Holdings, Inc.
- filed_at: 2024-12-23T23:59:59+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/914122/000143774924038262/0001437749-24-038262-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/914122/000143774924038262/ppih20240919_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-038262
- JSON: https://secwatch.observer/filing/0001437749-24-038262.json
- Plain text: https://secwatch.observer/filing/0001437749-24-038262.txt

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