secwatch.observer — SEC 8-K summary
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Issuer:     Perimeter Solutions, Inc. (PRM)
CIK:        0001880319
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001880319-24-000104
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perimeter Solutions Q3 net sales surge 102% to $288.4M, but net loss of $89.2M vs prior-year profit
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1880319/000188031924000104/0001880319-24-000104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1880319/000188031924000104/prm-20241112.htm
  HTML page:      https://secwatch.observer/filing/0001880319-24-000104

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