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Dec 31, 2024
Perimeter Solutions Q4 2024 Earnings Report
Perimeter Solutions reported a net sales increase of 45% and net income of $144.2 million for Q4 2024.
Key Takeaways
Perimeter Solutions reported strong Q4 2024 financial results, with a 45% increase in net sales to $86.2 million compared to the prior-year quarter. Net income for the quarter was $144.2 million, or $0.90 per diluted share, a significant improvement from the net loss of $13.2 million in the prior-year quarter. Adjusted EBITDA increased by 193% to $32.9 million. The company also acquired IMS for $32.8 million, expanding into printed circuit board products.
Net sales increased 45% to $86.2 million compared to the prior-year quarter.
Net income was $144.2 million, or $0.90 per diluted share, compared to a net loss of $13.2 million in the prior-year quarter.
Adjusted EBITDA increased 193% to $32.9 million compared to the prior-year quarter.
Acquired IMS for $32.8 million, expanding into printed circuit board products.
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