Perimeter Solutions Reports Q3 Revenue Beat Amid Non-GAAP EPS Miss
Perimeter Solutions (NYSE: PRM) reported third-quarter financial results characterized by a significant revenue beat and strong EBITDA growth, despite missing earnings expectations. The company achieved revenue of $389.9 million, representing a 23.6% increase year-over-year and exceeding analyst estimates by $8.61 million. However, the company's Non-GAAP earnings per share (EPS) of $0.85 fell short of consensus estimates by $0.11. On a positive note, adjusted EBITDA saw substantial growth, rising 20% to $223.5 million compared to $186.3 million in the same quarter last year.
Topics: earnings miss EBITDA growth revenue beat