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    Perimeter Solutions, Inc. (PRM)

    Q1 2025 Earnings Summary

    Reported on May 8, 2025 (Before Market Open)
    Pre-Earnings Price$10.25Last close (May 7, 2025)
    Post-Earnings Price$11.01Open (May 8, 2025)
    Price Change
    $0.76(+7.41%)
    MetricYoY ChangeReason

    Total Revenue

    +22% (from $59.04M to $72.03M)

    Total Revenue increased driven by the strong performance of key segments, especially the Fire Safety segment, which surged by 48% YoY, and a modest increase in Specialty Products (+3% YoY), reflecting the company's ability to leverage market demand improvements and operational momentum compared to Q1 2024.

    Fire Safety segment revenue

    +48% (from $25.16M to $37.16M)

    Fire Safety revenue rose dramatically from increased fire retardant demand, likely fueled by above-average fire events and proactive customer measures. This robust growth in Q1 2025 build on the lower base of Q1 2024, highlighting both favorable market conditions and effective business strategies.

    Specialty Products segment revenue

    +3% (to $34.87M)

    Specialty Products showed modest growth, indicating a stabilized market performance that may result from the balancing effects of recent acquisitions and unplanned operational downtime, contrasting with the more pronounced recovery seen in the Fire Safety segment.

    Operating Cash Flow

    +750% (from $2,786K to $23,746K)

    Operating cash flow nearly turned positive, showing over a 750% improvement. This sharp turnaround suggests significant gains in working capital management and operational efficiencies, creating a strong forward outlook relative to the challenges of the prior period.

    Net Income / EPS

    Net Income: $56,686K; EPS from a loss of $0.57 to a gain of $0.38

    Income performance improved markedly, driven by the combined effect of revenue growth and cost control measures. The reversal in EPS from a loss to a gain underscores the company's successful operational restructuring and improved margin profile compared to Q1 2024.

    MetricPeriodGuidanceActualPerformance
    Capital Expenditures
    Q1 2025
    $15 million to $20 million annually
    $4.81 million
    Met
    Interest Expense
    Q1 2025
    Approximately $40 million annually
    $9.64 million
    Met
    Depreciation & Amort.
    Q1 2025
    $20 million to $25 million in FY 2025
    $16.89 million
    Missed