Perimeter Solutions Reports Fourth Quarter 2024 Financial Results
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Perimeter Solutions, Inc. (NYSE: PRM) reported its Q4 and full-year 2024 financial results, showing a significant increase in net sales by 74% to $561 million. The company also reported a net loss of $5.9 million but an adjusted net income of $163.4 million. Additionally, Perimeter acquired IMS for $32.8 million, expanding into printed circuit board products.
February 20, 2025 | 11:15 am
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Perimeter Solutions reported a 74% increase in net sales for 2024, with a net loss of $5.9M but an adjusted net income of $163.4M. The acquisition of IMS for $32.8M expands their product offerings.
The significant increase in net sales and adjusted net income indicates strong operational performance, which is positive for the stock. The acquisition of IMS suggests strategic expansion, potentially boosting future revenues.
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