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Stock impact report

Perma-Pipe International Holdings, Inc. Announces Second Quarter Financial Results

Perma-Pipe International Holdings, Inc. (PPIH) 
US:NASDAQ Investor Relations: investors.permapipe.com
Company Research Source: Business Wire
The Company generated net sales of $37.5 million for the quarter and $71.8 million year-to-dateIncome before income taxes of $5.6 million for the quarter and $8.1 million year-to-dateBacklog of $75.5 million at July 31, 2024, compared to $68.5 million at January 31, 2024 SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the second quarter and fiscal year-to-date period ended July 31, 2024."Net sales for the second quarter were $37.5 million, an increase of $2.4 million, as compared to the same quarter last year. Net income attributable to common stock of $3.3 million, was an increase of $2.3 million, or 222%, compared to $1.0 million in the second quarter of 2023. For the six months ended July 31, 2024, net sales of $71.8 million represents an increase of 11%, compared to the six months ended July 31, 2023. After considering the non-controlling interest, the resulting net income attributable to common stock Show less Read more
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