Perimeter Solutions Q3: Net sales down 11% to $142.7M, Adj. EBITDA falls 19% to $61.5M

Perimeter Solutions, Inc.

2023-Q3 EPS reported $0.48 revenue$262,653,000

Net income $19.3M ($0.12 diluted) vs $106.2M ($0.60) in prior year quarter.
Fire Safety sales $118.3M (-3% YoY), driven by >40% drop in U.S. acres burned.
Specialty Products sales fell 37% to $24.4M, citing inventory destock.
Year-to-date Adj. EBITDA $85.6M, down 31% from $123.3M.
Management cites weak wildfire season and destock as key headwinds.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Perimeter Solutions, Inc. reported third quarter ended September 30, 2023 results: revenue Net sales decreased 11% to $142.7 million, net income Net income during the third quarter was $19.3 million, or $0.12 per diluted share, EPS $0.12 per diluted share.

Period: third quarter ended September 30, 2023
Revenue: Net sales decreased 11% to $142.7 million
Net income: Net income during the third quarter was $19.3 million, or $0.12 per diluted share
EPS: $0.12 per diluted share
Result: reported results

Exact text from the filing

as well as high-quality specialty chemicals, today reported financial results for its third quarter ended September 30, 2023. Third Quarter 2023 Results • Net sales decreased 11% to $142.7 million in the third quarter, as compared to $160.5 million in the prior-year quarter. • Fire Safety sales decreased 3% to $118.3 million, as compared to $122.0

View on SEC.gov

Browse all earnings releases →

Perimeter Solutions, Inc. filing history →

Source: SEC EDGAR

accession 0001880319-23-000109

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

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.