NYSE$PRM
Perimeter Solutions SA · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Reported strong financial results driven by operational improvements and market normalization.
Perimeter Solutions reported a significant increase in net sales and adjusted EBITDA for the third quarter of 2024. Net sales increased by 102% to $288.4 million, and adjusted EBITDA increased by 177% to $170.4 million. However, the company experienced a net loss of $89.2 million, or $0.61 loss per diluted share.
- Net sales increased 102% to $288.4 million compared to the prior year quarter.
- Fire Safety sales increased 113% to $251.8 million, while Specialty Products sales increased 50% to $36.6 million.
- Net loss was $89.2 million, or $0.61 loss per diluted share, compared to a net income of $19.3 million, or $0.12 earnings per diluted share in the prior year quarter.
- Adjusted EBITDA increased 177% to $170.4 million compared to the prior year quarter.
Headline financials
Revenue & EPS history
Perimeter Solutions · Revenue · Quarterly
$288M
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 2024
+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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