earnings
confidence high
sentiment neutral
materiality 0.70
Perimeter Solutions: FY2023 revenue down 11%, Q4 EBITDA up 433%; $100M buyback
Perimeter Solutions, Inc.
2023-FY EPS reported
$0.41
revenue$322,108,000
- FY2023 net sales $322.1M (-11% YoY); Fire Safety flat, Specialty Products -28%.
- FY2023 adjusted EBITDA $96.8M, down 23% from $125.4M.
- Q4 net sales $59.5M (+44% YoY); Q4 adjusted EBITDA $11.2M vs $2.1M (+433%).
- Q4 net loss $(13.2)M improved from $(60.4)M loss in prior year quarter.
- Repurchased 6.3M shares in Q4 at avg $4.21; new $100M share repurchase authorized.