Perimeter Solutions Q2 net loss $181.6M; acquires Monaco Enterprises for $120M

Perimeter Solutions, Inc.

Net loss of $181.6M ($1.11 loss per diluted share) vs loss of $32.2M prior year.
Adjusted EBITDA up 16% to $105.6M; adjusted EPS $0.35 vs $0.39.
Net sales up 31% to $213.8M; Specialty Products sales doubled to $84.7M.
Acquired Monaco Enterprises for $120M cash; expects >$11M annualized Adj. EBITDA.
Fire Safety segment sales up 7%, Adj. EBITDA up 1%; Specialty Products Adj. EBITDA up 96%.

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