secwatch.observer — SEC 8-K summary
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Issuer:     Perimeter Solutions, Inc. (PRM)
CIK:        0001880319
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001880319-24-000043
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1880319/000188031924000043/0001880319-24-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1880319/000188031924000043/prm-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001880319-24-000043

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