Perimeter Solutions, SA Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 06:08 am EST
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Perimeter Solutions, SA reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 142.66 million compared to USD 160.51 million a year ago. Net income was USD 19.28 million compared to USD 106.23 million a year ago. Basic earnings per share from continuing operations was USD 0.13 compared to USD 0.65 a year ago. Diluted earnings per share from continuing operations was USD 0.12 compared to USD 0.6 a year ago.
For the nine months, sales was USD 262.65 million compared to USD 319.23 million a year ago. Net income was USD 80.73 million compared to USD 152.12 million a year ago. Basic earnings per share from continuing operations was USD 0.52 compared to USD 0.94 a year ago. Diluted earnings per share from continuing operations was USD 0.48 compared to USD 0.86 a year ago.
Perimeter Solutions SA is a Luxembourg-based company. The Company provides investment holding company services. The object of the Company is the holding of participations in any form whatsoever in Luxembourg and foreign companies and in any other form of investment, the acquisition by purchase, subscription or in any other manner as well as the transfer by sale, exchange or otherwise of securities of any kind and the administration, management, control and development of its portfolio. The Companyâs wholly owned subsidiary, EverArc (BVI) Merger Sub Limited is incorporated in the British Virgin Islands.