The Company generated net sales of $37.5 million for the quarter and $71.8 million year-to-date Income before income taxes of $5.6 million for the quarter and $8.1 million year-to-date Backlog of $75.5 million at July 31, 2024, compared to $68.5 million at January 31, 2024 Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) announced today financial results for the second quarter and fiscal year-to-date period ended July 31, 2024. "Net sales for the second quarter were $37.5 million, an increase of $2.4 million, as compared to the same quarter last year. Net income attributable to common stock of $3.3 million, was an increase of $2.3 million, or 222%, compared to $1.0 million in t
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) today announced it has been awarded two projects in the MENA region. The overall amount of the two projects is more than 46 million USD. The two awarded projects are part of major developments in the region. These projects will utilize Perma-Pipe's coating capabilities, and the XTRU-THERM® insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene casing. Saleh Sagr, Sr. Vice President for Perma-Pipe's MENA region commented, "These awards are consistent with our strategy to continue our focus on serving the rapidly growing markets in the region. We would like to thank our customers for placing thei
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) today announced it has recently been awarded new contracts worth $10 million in Saudi Arabia. Most of these awards will be executed and delivered during the next quarter. The newly awarded projects are part of major infrastructure developments in Riyadh, Madinah, and Mekkah in Saudi Arabia. These projects will utilize Perma-Pipe's fabrication and coating capabilities, and the XTRU-THERM® insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene casing. Permapipe is also pleased to announce that some of these projects will be carried out at the newly established state of the art facility in Madinah w
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
10-Q - Perma-Pipe International Holdings, Inc. (0000914122) (Filer)
8-K - Perma-Pipe International Holdings, Inc. (0000914122) (Filer)
8-K - Perma-Pipe International Holdings, Inc. (0000914122) (Filer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
SC 13D/A - Perma-Pipe International Holdings, Inc. (0000914122) (Subject)
SC 13G/A - Perma-Pipe International Holdings, Inc. (0000914122) (Subject)
SC 13G/A - Perma-Pipe International Holdings, Inc. (0000914122) (Subject)
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) today announced the appointment of Matthew Lewicki to Vice President and Chief Financial Officer, Secretary and Treasurer ("CFO") replacing long time financial executive D. Bryan Norwood who informed the Board of his intention to retire effective October 2, 2023. As CFO, Matthew is charged with leadership, oversight and execution of all PPIH financial matters and will serve as a key business advisor to the senior leadership team and Board of Directors. Mr. Norwood will transition his responsibilities to Mr. Lewicki while assuming the role of Vice President, Strategy until his retirement on March 31, 2024. Mr. Lewicki joined PPIH in 202
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) today announced the appointment of Chuck Heaton to Vice President of Human Resources replacing Jill Curry. Chuck is charged with providing Human Resources strategy and leadership in developing and shaping key core competencies within PPIH that support the continuing growth of the company's business globally. These key core competencies include organizational design, talent management, succession planning, workforce planning, employee engagement, and overall business partnership. Chuck has extensive experience working globally including North and South America, Caribbean, Europe, Africa, Middle East and Asia Pacific. He has spent a to
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) today announced Wayne Bosch has retired on July 3, 2022, after eight years of service to PERMA-PIPE and its subsidiaries. "Wayne joined the company in 2013 when we were known as MFRI, playing an instrumental role in many of the changes impacting MFRI and PERMA-PIPE over the years. As the Vice President and Chief Human Resources Officer, Wayne was a key executive team member. He also served as Chief Compliance Officer. He provided valuable leadership and contributed to our strategy development globally. Wayne was a dependable and helpful resource to us throughout his tenure. Not only in his core function of HR but also in other important
Most of these awards will be executed and delivered during the next quarter.
Perma-Pipe Inlt Hldgs (NASDAQ:PPIH) reported quarterly earnings of $0.18 per share. This is a 228.57 percent increase over losses of $(0.14) per share from the same period last year. The company reported $34.32 million in sales this quarter. This is a 15.73 percent increase over sales of $29.66 million the same period last year.
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