Perimeter Solutions' Q1 Swings to Adjusted Earnings as Net Sales Rise

MT Newswires Live
08 May

Perimeter Solutions (PRM) reported Q1 adjusted earnings Thursday of $0.03 per diluted share, swinging from an adjusted loss of $0.01 per share a year earlier.

Two analysts expected adjusted earnings of $0.01.

Net sales for the quarter ended March 31 were $72 million, compared with $59 million a year earlier.

An analyst polled by FactSet expected $75 million.

Shares of Perimeter Solutions were up nearly 5% in early Thursday trading.

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