earnings
confidence high
sentiment neutral
materiality 0.70
Perimeter Solutions Q2 sales up 67% to $127.3M; Adj EBITDA up 209% to $64.9M; net income down to $21.7M from $52M
Perimeter Solutions, Inc.
2024-Q2 EPS reported
-$0.42
revenue$186,320,000
- Net sales $127.3M (+67% YoY); Fire Safety +85%, Specialty Products +25%.
- Adjusted EBITDA $64.9M (+209% YoY); net income $21.7M ($0.14 EPS) vs $52.0M ($0.31) in prior year.
- Year-to-date net loss of $60.9M ($0.42 diluted loss) vs net income of $61.4M in prior year; Adj EBITDA YTD $77.0M (+220%).
- Fire Safety Adj EBITDA +237% to $55.6M; Specialty Products Adj EBITDA +108% to $9.3M.