Welcome to our dedicated page for Perimeter Solutions Sa news (Ticker: PRM), a resource for investors and traders seeking the latest updates and insights on Perimeter Solutions Sa stock.
News about Perimeter Solutions, Inc. (NYSE: PRM) focuses on its role as a global provider of fire safety products and specialty chemicals, as well as its capital markets and corporate developments. Company announcements regularly describe performance in its two reporting segments, Fire Safety and Specialty Products, and provide updates on how these businesses are evolving.
Investors following PRM news can expect earnings releases and conference call announcements that detail quarterly and annual financial results, including segment-level net sales and Adjusted EBITDA, along with commentary on operational drivers. These updates often highlight trends in fire retardant and firefighting foam demand, as well as activity in phosphorus-based specialty chemicals and the IMS electronic and electro-mechanical components business.
Perimeter’s news flow also includes transaction and financing updates. Recent disclosures cover the acquisition of IMS, a manufacturer of highly specialized printed circuit boards, and a Securities Purchase Agreement to acquire Medical Manufacturing Technologies (MMT), a provider of medical device manufacturing solutions, subject to customary closing conditions. SEC filings and press releases further describe a senior secured revolving credit facility and senior secured notes due 2034, which are tied to the company’s broader capital structure and acquisition funding plans.
Regulatory and corporate governance items, such as the company’s redomiciliation from Luxembourg to a Delaware corporation and related shareholder approvals, also appear in PRM’s news record. For investors and analysts, the PRM news page on Stock Titan offers a centralized view of these earnings updates, transaction announcements, financing activities and operational milestones, helping to track how Perimeter’s Fire Safety and Specialty Products segments develop over time.
Perimeter Solutions (NYSE: PRM), known for producing PHOS-CHEK® long-term fire retardant and other firefighting products, has announced its participation in the UBS Global Materials Conference in New York City. The presentation is scheduled for September 4, 2024, at 11:20 AM (ET).
Investors and interested parties can access the live webcast of the presentation through Perimeter's investor relations website at https://ir.perimeter-solutions.com/. Additionally, the presentation materials will be available on the same website. For those unable to attend in person, the webcast can also be accessed through the UBS Conference event page.
This presentation offers an opportunity for stakeholders to gain insights into Perimeter Solutions' operations, strategies, and market position within the firefighting and specialty chemicals industry.
Perimeter Solutions (NYSE: PRM) reported strong Q2 2024 financial results. Net sales increased 67% to $127.3 million, with Fire Safety sales up 85% to $98.5 million and Specialty Products sales up 25% to $28.7 million. Adjusted EBITDA surged 209% to $64.9 million. However, net income decreased to $21.7 million ($0.14 per diluted share) from $52.0 million in Q2 2023.
Year-to-date 2024 results showed a 55% increase in net sales to $186.3 million. Despite this, the company reported a net loss of $60.9 million (-$0.42 per diluted share). Adjusted EBITDA for the period increased by 220% to $77.0 million. The company attributes these improvements to rigorous operational value drivers and supportive demand in both business segments.
Perimeter Solutions (NYSE: PRM), producers of PHOS-CHEK® long-term fire retardant and other firefighting products, has announced its second quarter 2024 earnings call scheduled for Thursday, August 1, 2024, at 8:30 a.m. ET. The company will release its financial results before the market opens on the same day. The presentation will be led by CEO Haitham Khouri, CFO Kyle Sable, and Head of Investor Relations Seth Barker.
Investors can access the live webcast through Perimeter's investor relations website. The conference call can be joined via the toll-free number 877-407-9764 or the toll number 201-689-8551. A replay will be available until August 31, 2024.
Perimeter Solutions (NYSE: PRM) has donated a 260-gallon tote of PHOS-CHEK® LCE20-Fx fire retardant to Logan Lake Fire Department in British Columbia, Canada. Logan Lake, a community at high risk of wildfires, can use this retardant both proactively and during active wildfires to protect property. The fire retardant creates a chemical barrier, preventing vegetation from fueling fires. In 2021, Logan Lake's FireSmart™ Community principles helped it withstand the Tremont Creek Fire, which burned 63,548 hectares. Perimeter hosted an educational session on the use of ground-applied fire retardants, leading to the donation.
Perimeter Solutions, a leading provider of firefighting products and specialty chemicals, reported strong financial results for Q1 2024. Net sales increased by 35% to $59.0 million. Fire Safety sales rose by 34% to $25.2 million, while Specialty Products sales increased by 35% to $33.9 million. Adjusted EBITDA surged by 289% to $12.1 million. However, the net loss was $82.6 million, or $0.57 per diluted share, a stark contrast to the prior year's net income of $9.4 million.
Perimeter Solutions (NYSE: PRM) will release its financial results for the first quarter of 2024 on May 9, 2024, before the market opens. The conference call to discuss the results will be held at 8:30 a.m. ET on the same day, led by CEO Haitham Khouri, CFO Kyle Sable, and Head of Investor Relations Seth Barker.
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