Perimeter Solutions, SA (PRM) Reports Q3 Loss, Tops Revenue Estimates
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Perimeter Solutions, SA (PRM) reported a Q3 loss of $0.61 per share, which was in line with the Zacks Consensus Estimate. However, the company exceeded revenue expectations. This is a significant change from the previous year's earnings of $0.31 per share.
November 12, 2024 | 5:00 pm
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Perimeter Solutions reported a Q3 loss of $0.61 per share, matching the consensus estimate but surpassing revenue expectations. This marks a significant decline from last year's earnings.
The company's Q3 loss per share was in line with expectations, which may stabilize investor sentiment. However, the revenue beat could be seen positively, potentially offsetting the negative impact of the loss. The significant drop from last year's earnings might concern investors, but the revenue beat provides a mixed outlook.
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