Perimeter Solutions, SA Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 22, 2024 at 06:04 am EST
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Perimeter Solutions, SA reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 59.46 million compared to USD 41.27 million a year ago. Net loss was USD 13.24 million compared to USD 60.36 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to USD 0.38 a year ago. Diluted loss per share from continuing operations was USD 0.09 compared to USD 0.38 a year ago.
For the full year, sales was USD 322.11 million compared to USD 360.51 million a year ago. Net income was USD 67.49 million compared to USD 91.76 million a year ago. Basic earnings per share from continuing operations was USD 0.44 compared to USD 0.57 a year ago. Diluted earnings per share from continuing operations was USD 0.41 compared to USD 0.52 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.