secwatch.observer — SEC 8-K summary
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Issuer:     Perimeter Solutions, Inc. (PRM)
CIK:        0001880319
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001880319-24-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perimeter Solutions: FY2023 revenue down 11%, Q4 EBITDA up 433%; $100M buyback
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1880319/000188031924000005/0001880319-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1880319/000188031924000005/prm-20240222.htm
  HTML page:      https://secwatch.observer/filing/0001880319-24-000005

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