Perimeter Solutions Q1 net sales up 35%, Adj EBITDA +289%; net loss widens to $82.6M

Perimeter Solutions, Inc.

2024-Q1 EPS reported -$0.57 revenue$59,044,000

Net sales $59.0M (+35% YoY); Fire Safety $25.2M (+34%), Specialty Products $33.9M (+35%).
Adjusted EBITDA $12.1M (+289% vs $3.1M); Fire Safety loss improved to $0.2M from $3.4M loss.
Net loss $82.6M ($0.57 diluted EPS) vs prior year net income $9.4M ($0.06); swing of $92M.
Repurchased 3 million shares in Q1 at average price of $4.79.
No forward guidance provided in the release.

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 first quarter ended March 31, 2024 results: revenue $59.0 million, net income Net loss during the first quarter was $82.6 million, EPS $0.57 per diluted share.

Period: first quarter ended March 31, 2024
Revenue: $59.0 million
Net income: Net loss during the first quarter was $82.6 million
EPS: $0.57 per diluted share
Result: reported results

Exact text from the filing

phosphorus-based specialty chemicals, today reported financial results for its first quarter ended March 31, 2024. First Quarter 2024 Results • Net sales increased 35% to $59.0 million in the first quarter, as compared to $43.9 million in the prior year quarter. • Fire Safety sales increased 34% to $25.2 million, as compared to $18.7 million in the prior year

View on SEC.gov

1436 earnings releases filed in the last 30 days. Browse all earnings releases →

Perimeter Solutions, Inc. filing history →

Source: SEC EDGAR

accession 0001880319-24-000043

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.