earnings
confidence high
sentiment neutral
materiality 0.80
Perimeter Solutions Q3 net sales surge 102% to $288.4M, but net loss of $89.2M vs prior-year profit
Perimeter Solutions, Inc.
2024-Q3 EPS reported
-$1.03
revenue$474,737,000
- Fire Safety sales rose 113% to $251.8M; Specialty Products up 50% to $36.6M.
- Adjusted EBITDA jumped 177% to $170.4M (Fire Safety +181%, Specialty +137%).
- Net loss $89.2M ($0.61 per diluted share) vs net income $19.3M ($0.12) in Q3 2023.
- Year-to-date net sales +81% to $474.7M; YTD adjusted EBITDA +189% to $247.4M.
- Balance sheet cash >$200M; net leverage ~1.7x LTM.