Perma-Pipe International Holdings, Inc., together with its subsidiaries, engineers, designs, manufactures, and sells specialty piping and leak detection systems. The company offers insulated and jacketed district heating and cooling piping systems for energy distribution from central energy plants to various locations; and primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products, as well as engages in the coating and insulation of oil and gas gathering and transmission pipelines. It has operations in the United States, Canada, the Middle East, Europe, India, and internationally. The company was formerly known as MFRI, Inc. and changed its name to Perma-Pipe International Holdings, Inc. in March 2017. Perma-Pipe International Holdings, Inc. was founded in 1909 and is headquartered in Niles, Illinois.
IPO Year:
Exchange: NASDAQ
Website: permapipe.com
| Date | Price Target | Rating | Analyst |
|---|
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)
SC 13G/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)
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 $6 million in new project awards in the MENA region. Additionally, the company announced $9 million in new project awards in the Americas, demonstrating continual improvement in the region. These new project awards will utilize Perma-Pipe's anti-corrosion coatings capabilities and the XTRU-THERM® insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene casing. These new project awards further complement our backlog, which has experienced considerable growth. Backlog was $75.0 million at July 31, 2024 and is now in excess of $100.0 million. Marc Huber, Sr. Vice President for Perma-P
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) today announced it has been awarded three projects in the Americas region. The aggregate amount of these three projects is more than 4 million USD. These project awards will be executed in Perma-Pipe's facilities in Canada and the U.S. Two awards for the provision of anticorrosion coating services for the oil and gas market in western Canada. One award for the provision of double-containment, pre-insulated piping solutions for a pharmaceutical plant expansion in the northeast U.S. Marc Huber, Sr. Vice President for Perma-Pipe's Americas region commented, "These awards highlight the strong demand for our pipe coating services and p
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
The Company generated net sales of $34.3 million as compared to $29.7 million in the first quarter of 2023 Income (loss) before income taxes of $2.6 million versus $(0.4) million in the first quarter of 2023 Backlog of $63.1 million at April 30, 2024 Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) announced today financial results for the first quarter ended April 30, 2024. "Revenues for the first quarter were $34.3 million, an increase of $4.6 million or 15%, as compared to the same quarter last year, and net income attributable to common stock of $1.4 million was an increase of $2.5 million or 227%, as compared to a net loss of $(1.1) million in the same quarter of 2023.
The Company generated net sales of $40.2 million for the quarter and $150.7 million for the year Income before income taxes of $3.2 million for the quarter and $9.9 million for the year Net income of $8.6 million for the quarter and $10.5 million for the year Backlog of $68.4 million at January 31, 2024, compared to $38.5 million at January 31,2023 Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) announced today financial results for the fourth quarter and 2023 fiscal year ended January 31, 2024. "Net sales for the fourth quarter were $40.2 million, an increase of $3.8 million as compared to the same quarter last year, and net income of $8.6 million was an increase of $5
PERMA-PIPE International Holdings, Inc (NASDAQ:PPIH) today announces its acceptance into QatarEnergy's Tawteen program. Tawteen is the Supply Chain Localization Program for the energy sector in Qatar led by QatarEnergy. PERMA-PIPE will aim to provide pre-insulated piping systems, custom fabrication and 3-layer polyethylene coatings for QatarEnergy projects. Saleh Sagr, Senior Vice President for PERMA-PIPE's MENA region commented, "We are pleased to announce and place great significance on our relationship with QatarEnergy and the Qatari market. QatarEnergy is in the process of expanding its LNG production capacity from 77 million mtpa to 126 million mtpa by 2026, and this will require t
The Company generated net sales of $45.7 million as compared to $37.9 million in the third quarter of 2022 Income before income taxes of $4.9 million versus $2.9 million in the third quarter of 2022 Backlog of $73.1 million at October 31, 2023 Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) announced today financial results for the third quarter ended October 31, 2023. "Revenues for the third quarter were $45.7 million, an increase of $7.8 million versus the same quarter last year, and an increase of 30% over those arising in the previous quarter this year. The resulting income from operations of $4.9 million exceeded the $2.9 million earned in the same quarter of 2022
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
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
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
Long-time Perma-Pipe board member David Barrie - not standing for re-election Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH), a global engineered piping services company, today announced changes to its Board of Directors, including the appointment to the Board of Mr. Robert McNally effective February 14, 2022. Robert McNally will replace Perma-Pipe Director, Mr. David Barrie, who has announced he will not stand for re-election to the Perma-Pipe Board during Perma-Pipe's upcoming June 23, 2022 annual stockholders meeting. President and CEO, Mr. David Mansfield commented, "Mr. Barrie has been a valued member of our Board since 2012 and as Chairman since 2015, guiding the company thro
Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) today announced the appointment of Grant Dewbre to Chief Operating Officer and Saleh Sagr to Senior Vice President, Middle East and North Africa (MENA). Grant joined Perma-Pipe in 2017 as Senior Vice President, MENA, and has been successful in having a positive impact on our work culture, in identifying new opportunities, and in achieving growth in new and existing markets. Returning to Houston from Dubai, Grant will assume full operational, managerial and administrative responsibility for Perma-Pipe's businesses globally. Grant has over 30 years of experience in the management of projects and business units worldwide including sales
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
4 - Perma-Pipe International Holdings, Inc. (0000914122) (Issuer)
S-8 - Perma-Pipe International Holdings, Inc. (0000914122) (Filer)
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)
DEF 14A - Perma-Pipe International Holdings, Inc. (0000914122) (Filer)
10-Q - Perma-Pipe International Holdings, Inc. (0000914122) (Filer)
8-K - Perma-Pipe International Holdings, Inc. (0000914122) (Filer)
10-K/A - Perma-Pipe International Holdings, Inc. (0000914122) (Filer)
10-K - Perma-Pipe International Holdings, Inc. (0000914122) (Filer)
8-K - Perma-Pipe International Holdings, Inc. (0000914122) (Filer)
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.
Gainers Pineapple Energy (NASDAQ:PEGY) shares increased by 75.4% to $0.26 during Thursday's regular session. The market value of their outstanding shares is at $25.2 million. Zoomcar Holdings (NASDAQ:ZCAR) stock moved upwards by 47.09% to $0.31. The market value of their outstanding shares is at $20.1 million. Nature's Miracle Holding (NASDAQ:NMHI) stock rose 25.48% to $0.74. The company's market cap stands at $19.6 million. Greenwave Tech Solns (NASDAQ:GWAV) stock moved upwards by 17.44% to $0.09. The company's market cap stands at $13.9 million. As per the news, the Q1 earnings report came out 3 days ago. iPower (NASDAQ:IPW) stock increased by 17.14% to $1.64. The market value of thei
Perma-Pipe Inlt Hldgs (NASDAQ:PPIH) reported quarterly earnings of $1.08 per share. This is a 176.92 percent increase over earnings of $0.39 per share from the same period last year. The company reported $40.18 million in sales this quarter. This is a 10.26 percent increase over sales of $36.44 million the same period last year.
Gainers Lichen China (NASDAQ:LICN) shares moved upwards by 49.1% to $0.84 during Wednesday's regular session. The company's market cap stands at $22.8 million. Babcock & Wilcox (NYSE:BW) stock increased by 23.9% to $1.14. The company's market cap stands at $101.6 million. Solidion Technology (NASDAQ:STI) stock moved upwards by 22.32% to $1.86. The company's market cap stands at $161.5 million. Skillsoft (NYSE:SKIL) shares increased by 19.66% to $6.83. The company's market cap stands at $55.3 million. C3is (NASDAQ:CISS) stock moved upwards by 13.54% to $1.43. The company's market cap stands at $2.7 million. Perma-Pipe Inlt Hldgs (NASDAQ:PPIH) stock increased by 12.28% to $7.86. The comp
Tawteen is the Supply Chain Localization Program for the energy sector in Qatar led by QatarEnergy. PERMA-PIPE will aim to provide pre-insulated piping systems, custom fabrication and 3-layer polyethylene coatings for QatarEnergy projects.
Gainers View (NASDAQ:VIEW) shares moved upwards by 32.0% to $1.82 during Friday's regular session. The company's market cap stands at $7.4 million. Virco Mfg (NASDAQ:VIRC) shares moved upwards by 19.25% to $8.36. The market value of their outstanding shares is at $136.6 million. As per the press release, Q3 earnings came out today. Perma-Pipe Inlt Hldgs (NASDAQ:PPIH) stock moved upwards by 17.67% to $8.19. The company's market cap stands at $65.7 million. FiscalNote Holdings (NYSE:NOTE) stock increased by 15.83% to $1.39. The company's market cap stands at $179.6 million. Vertical Aerospace (NYSE:EVTL) stock rose 14.44% to $0.78. The market value of their outstanding shares is at $171.5
Perma-Pipe International Holdings Inc (NASDAQ:PPIH) shares are shooting higher after it reported third-quarter FY23 earnings. The company reported third-quarter FY23 sales growth of 21% year-on-year to $45.7 million compared to $37.9 million last year. The increase in revenue was primarily driven by an increased sales volume in Saudi Arabia. Gross profit increased 18.9% year-on-year to $13.2 million, and the profit margin contracted to 29%. General and administrative expenses for the quarter rose 8% to $5.7 million, reflecting higher payroll costs. Operating income climbed 33.1% to $6 million, with an operating margin of 13.2%. EPS for the quarter was $0.24 compared to $0.21 last year.
On Tuesday, 647 companies set new 52-week lows. Things to Consider About Today's 52-Week Lows: Bank of America (NYSE:BAC) was the biggest company on a market cap basis to set a new 52-week low. Blue Star Foods (NASDAQ:BSFC) was the smallest company by market cap to set a new 52-week low. Stryve Foods (NASDAQ:SNAX) shares dropped the most, trading down 27.96% to reach its new 52-week low. Royal Bank of Canada (NYSE:RY) shares rebounded the highest, with shares trading up 0.0%, bouncing back after reaching its new 52-week low. Stocks dropping to new 52-week lows on Tuesday: Bank of America (NYSE:BAC) shares set a new yearly low of $26.16 this morning. The stock was down 0.75% on