Perimeter Solutions, Sa ( (PRM) ) has released its Q2 earnings. Here is a breakdown of the information Perimeter Solutions, Sa presented to its investors.
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Perimeter Solutions, Inc. is a global solutions provider specializing in the Fire Safety and Specialty Products industries, offering advanced fire management products and services as well as specialty chemical products for various applications.
In its second quarter of 2025, Perimeter Solutions reported a net loss of $32.2 million, despite achieving an adjusted net income of $57.1 million. The company also saw a significant increase in net sales, driven by both its Fire Safety and Specialty Products segments.
Key financial highlights include a 28% increase in net sales to $162.6 million compared to the previous year, with Fire Safety net sales rising by 22% and Specialty Products by 47%. Adjusted EBITDA for the quarter increased by 41% to $91.3 million, showcasing strong operational performance despite the net loss. Additionally, the company repurchased 2.9 million shares of common stock and settled a significant litigation case, acquiring related assets for $20 million.
Looking forward, Perimeter Solutions remains focused on executing its value-driven strategies and maintaining its growth trajectory in both its primary business segments. The company continues to leverage its technological expertise and global reach to meet the evolving needs of its customers.