Perimeter Solutions Q4 2023 GAAP EPS $(0.09) Beats $(0.13) Estimate, Sales $59.45M Beat $37.69M Estimate
Portfolio Pulse from Benzinga Newsdesk
Perimeter Solutions (NYSE:PRM) reported Q4 2023 earnings with a GAAP EPS of $(0.09), surpassing the $(0.13) estimate. Sales reached $59.45M, exceeding the $37.69M forecast, marking a 44.05% increase from the previous year.
February 22, 2024 | 11:16 am
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POSITIVE IMPACT
Perimeter Solutions reported a better-than-expected Q4 2023 with EPS of $(0.09) and sales of $59.45M, significantly beating estimates.
The positive earnings report, with both EPS and sales surpassing analyst expectations, indicates strong financial health and operational efficiency. This outperformance, especially the significant sales beat and year-over-year growth, is likely to instill investor confidence and could lead to a short-term uptick in PRM's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100