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Perma-Pipe International Holdings, Inc. Announces Second Quarter 2025 Financial Results and Initiates Exploration of Strategic Alternatives to Maximize Shareholder Value
Perma-PipePerma-Pipe(US:PPIH) Businesswire·2025-09-15 21:21

SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the second quarter ended July 31, 2025. "For the three months ended July 31, 2025, net sales were 47.9million,anincreaseof47.9 million, an increase of 10.4 million, or 27.7%, compared to 37.5millionintheprioryearquarter.GrowthwasdrivenbyhighersalesvolumesinboththeMiddleEastandNorthAmerica.Grossprofitwas37.5 million in the prior-year quarter. Growth was driven by higher sales volumes in both the Middle East and North America. Gross profit was 14.4 million, up 0.9millionfrom0.9 million from 13.5 million last year, refle. ...