secwatch.observer — SEC 8-K summary
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Issuer:     Perimeter Solutions, Inc. (PRM)
CIK:        0001880319
Form:       8-K
Filed at:   2022-11-04T23:59:59+00:00
Accession:  0001880319-22-000079
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perimeter Solutions Q3 net sales down 18% to $160.5M; Fire Safety segment leads decline
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- Q3 net sales $160.5M, down 18% YoY; net income $78.7M ($0.45 diluted EPS) vs $52.0M ($0.98) in prior year.
- Fire Safety sales -29% to $122.0M; Adj. EBITDA -38% to $60.4M.
- Specialty Products sales +68% to $38.5M; Adj. EBITDA +512% to $15.3M.
- YTD net income $123.7M ($0.70 diluted EPS) vs $29.6M ($0.56) in prior year.
- Board authorized $100M share repurchase over next 24 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1880319/000188031922000079/0001880319-22-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1880319/000188031922000079/prm-20221104.htm
  HTML page:      https://secwatch.observer/filing/0001880319-22-000079

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer