secwatch.observer — SEC 8-K summary
======================================

Issuer:     Perimeter Solutions, Inc. (PRM)
CIK:        0001880319
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001880319-23-000096
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perimeter Solutions Q2 net sales down 25% to $76.1M; Adj EBITDA down 41% to $21.0M
--------------------------------------------------------------------------------

- Net sales $76.1M, down 25% YoY; Adj EBITDA $21.0M, down 41% YoY.
- Fire Safety segment sales $53.1M, down 20% YoY; Adj EBITDA $16.5M, down 32%.
- Specialty Products sales $23.0M, down 33% YoY; Adj EBITDA $4.5M, down 61%.
- GAAP net income $52.0M ($0.31/diluted) vs $8.9M ($0.05) prior year.
- Over $26M in share repurchases during Q2 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1880319/000188031923000096/0001880319-23-000096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1880319/000188031923000096/prm-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001880319-23-000096

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