Shares of Perimeter Solutions, SA (PRM) are soaring 7.66% in Thursday's intraday trading, building on the strong pre-market momentum following the release of its impressive first-quarter 2025 financial results. The fire safety and oil additives company's stellar performance has ignited investor enthusiasm, propelling the stock to significant gains.
According to the company's Q1 report, Perimeter Solutions delivered robust financial metrics across the board. The firm reported sales of $72 million for the quarter, accompanied by a substantial net income of $56.7 million. This translated to earnings per share (EPS) of $0.36, showcasing the company's strong profitability. Additionally, Perimeter Solutions posted an adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of $18.1 million, further underlining its solid financial position.
The market's positive reaction to these results highlights investors' confidence in Perimeter Solutions' growth trajectory and operational efficiency. As the trading session progresses, market participants will be closely monitoring the stock to see if it can maintain or even extend its impressive gains, potentially signaling a broader shift in sentiment towards the company's long-term prospects.
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