Perma-Pipe Inlt Hldgs Q2 EPS $0.13 Down From $0.23 YoY, Sales $35.14M Down From $37.00M YoY
Portfolio Pulse from Benzinga Newsdesk
Perma-Pipe Inlt Hldgs (NASDAQ:PPIH) reported a decrease in Q2 earnings and sales YoY. Earnings per share fell by 43.48% to $0.13 from $0.23, and sales dropped by 5.03% to $35.14M from $37.00M.
September 15, 2023 | 6:18 am
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Perma-Pipe Inlt Hldgs reported a decrease in Q2 earnings and sales YoY, which could negatively impact the stock.
Perma-Pipe Inlt Hldgs reported a decrease in both earnings and sales compared to the same period last year. This could be seen as a negative signal by investors, potentially leading to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100