NYSE$PRM
Perimeter Solutions SA · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Net sales and adjusted EBITDA decreased year-over-year, impacted by lower Fire Safety sales due to a decline in U.S. acres burned and continued inventory destocking in Specialty Products.
Perimeter Solutions reported a decrease in net sales and adjusted EBITDA for the third quarter of 2023, primarily driven by lower Fire Safety sales due to reduced U.S. acres burned and ongoing inventory destocking in the Specialty Products segment. Net income also decreased significantly compared to the prior-year quarter.
- Net sales decreased 11% to $142.7 million compared to the prior-year quarter.
- Fire Safety sales decreased 3% to $118.3 million year-over-year.
- Specialty Products sales decreased 37% to $24.4 million compared to the prior-year quarter.
- Net income decreased to $19.3 million, or $0.12 per diluted share, from $106.2 million, or $0.60 per diluted share in the prior year quarter.
Headline financials
Revenue & EPS history
Perimeter Solutions · Revenue · Quarterly
$143M
Revenue by segment
Perimeter Solutions · $143M total across 2 segments · Q3 2023
- Fire Safety$118M-3.0%82.9%
- Specialty Products$24.4M-36.6%17.1%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2023
+2.1%
Avg return
Earnings day
+6.4%
Avg return
5 days after
+7.8%
Avg return
30 days after
52%
12 / 23 earnings
Positive
+29.1%
Q3 2022
Best reaction
-14.1%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -9.2% | +6.5% | -0.2% | |
| Q4 2025 | -10.5% | -7.6% | -19.1% | |
| Q3 2025 | +20.6% | +13.2% | +30.6% | |
| Q1 2025 | +15.2% | +18.7% | +24.9% | |
| Q4 2024 | -8.0% | -13.4% | -23.1% | |
| Q3 2024 | -14.1% | -13.6% | -8.5% | |
| Q2 2024 | +0.0% | +5.3% | +20.8% | |
| Q1 2024 | -0.9% | +3.3% | -7.2% | |
| Q4 2023 | +2.7% | +6.2% | +10.1% | |
| Q3 2023 | +10.8% | +37.0% | +37.7% | |
| Q2 2023 | +10.7% | +6.5% | +9.2% | |
| Q1 2023 | -5.4% | -4.6% | -12.1% | |
| Q4 2022 | +2.7% | +1.9% | -7.9% | |
| Q3 2022 | +29.1% | +29.2% | +52.2% | |
| Q2 2022 | -5.1% | -1.6% | -14.8% | |
| Q2 2021 | -5.1% | -1.6% | -14.8% | |
| Q1 2021 | -1.2% | +14.6% | +34.6% | |
| Q1 2022 | -5.1% | +17.2% | +40.8% | |
| Q4 2019 | +0.4% | -2.7% | -15.0% | |
| Q4 2021 | +0.3% | +1.8% | -7.3% | |
| Q4 2020 | +6.5% | +10.0% | +16.1% | |
| Q3 2020 | +6.5% | +10.0% | +16.1% | |
| Q3 2021 | +6.5% | +10.0% | +16.1% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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