| Perma-Pipe Stock Up 14% Despite Y/Y Decline in 2024 Earnings |
PPIH's fiscal 2024 earnings decline year over year due to a prior one-time tax benefit, despite higher sales and margin gains. |
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2025-05-08 19:25:33 |
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| Perma-Pipe International Holdings, Inc. Announces Fourth Quarter and Fiscal 2024 Financial Results |
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the fourth quarter and 2024 fiscal year ended January 31, 2025. “Sales for the fourth quarter and full year 2024 show moderate growth and were $45.0 million and $158.4 million, resulting in increases of $4.8 million and $7.7 million, compared to the prior year. Income before taxes was $5.3 million and $18.5 million in the fourth quarter and for the full year 2024, which i. |
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2025-05-01 20:24:00 |
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| Perma-Pipe International Holdings, Inc., announces new project awards in the Americas and MENA region |
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has been awarded several projects in the Americas and MENA region with an aggregate value in excess of USD $27 million. These projects will utilize Perma-Pipe's anti-corrosion coating capabilities, and the XTRU-THERM® insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene casing. Multiple awards for the provision of anticorrosion coating services for. |
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2025-04-09 19:15:00 |
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| Perma-Pipe International Holdings, Inc., Announces CEO Retirement and the Appointment of Saleh Sagr as President |
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced the notification of Chief Executive Officer David Mansfield to retire and the appointment of Saleh Sagr as President. Mr. Mansfield's decision to retire follows a highly successful tenure as CEO, during which the Company experienced significant prosperity, with notable improvements in both profitability and share price. Under Mr. Mansfield's leadership, the Company significantly increased its. |
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2025-04-04 21:21:00 |
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| Perma-Pipe International Holdings, Inc. Announces the Appointment of Jon C. Biro to its Board of Directors |
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH), today announced changes to its Board of Directors, including the appointment to the Board of Mr. Jon C. Biro, effective March 4, 2025. Mr. Biro, age 58, has extensive business leadership, financial, board, and C-Suite executive experience, serving as an Operating Advisor to Snow Peak Capital, LLC since 2022, as well as serving on the board for one of its portfolio companies, Sandy Alexander, Inc., a commerci. |
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2025-02-28 19:25:00 |
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| Perma-Pipe International Holdings, Inc. Announces $43 Million Contract Award in the Middle East Region |
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has received a formal letter of award for a development project located in the GCC region. Perma-Pipe will provide thermal insulation, anti-corrosion coatings, and other services from its Abu Dhabi facility. Project commencement is expected to begin in the third quarter of 2025. The value of this project is estimated to exceed $43 million. This project will utilize Perma-Pipe's anti-corrosi. |
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2025-01-10 11:23:00 |
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| Perma-Pipe International Holdings, Inc. Announces the Appointment of Ibrahim Jaham Al Kuwari to its Board of Directors |
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH), today announced changes to its Board of Directors, including the appointment to the Board of Mr. Ibrahim Jaham Al Kuwari, effective January 6, 2025. Concurrent with this announcement, Independent Director Cynthia Boiter has announced her resignation, effective May 1, 2025, and current Chairman of the Board, Jerome Walker, has announced he will not be standing for re-election at Perma-Pipe's upcoming 2025 Ann. |
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2025-01-06 16:59:00 |
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| Perma-Pipe Stock Up 13% Since Q3 Earnings Rise Y/Y Amid Backlog Growth |
PPIH reports strong Q3 earnings with growing backlog and improved profitability, overcoming a 9% decline in net sales. |
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2024-12-26 14:55:34 |
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| Perma-Pipe International Holdings, Inc. Announces Third Quarter Financial Results |
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the second quarter and fiscal year-to-date period ended October 31, 2024. "Net sales for the third quarter were $41.6 million, a decrease of $4.1 million, as compared to the same quarter last year. Net income attributable to common stock of $2.5 million was an increase of $0.5 million, or 29%, compared to $1.9 million in the third quarter of 2023. For the nine months ende. |
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2024-12-23 14:43:00 |
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| Perma-Pipe International Holdings, Inc. Announces $15 Million in Contract Awards in the Americas and Middle East Regions |
SPRING, Texas--(BUSINESS WIRE)--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 cas. |
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2024-11-06 16:01:00 |
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| The Zacks Analyst Blog JPMorgan, Medtronic, Shopify and Perma-Pipe International |
JPMorgan, Medtronic, Shopify and Perma-Pipe International are included in this Analyst Blog. |
zacks.com |
2024-10-09 08:15:49 |
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| Perma-Pipe International Holdings, Inc., announces $4 million in Contract Awards in the Americas Region |
SPRING, Texas--(BUSINESS WIRE)--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 pi. |
businesswire.com |
2024-09-25 18:46:00 |
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| Perma-Pipe's Q2 Earnings Soar Y/Y on Strong MENA Demand |
PPIH reports a robust Q2 with earnings per share jumping to 40 cents, and a 7% rise in sales driven by a growing backlog. |
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2024-09-12 18:56:03 |
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| Perma-Pipe International Holdings, Inc. Announces Second Quarter Financial Results |
SPRING, Texas--(BUSINESS WIRE)--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 the second quarter of 2023. For the six months end. |
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2024-09-11 13:20:00 |
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| Perma-Pipe International Holdings, Inc. Announces $10 Million in Contract Awards in Saudi Arabia |
SPRING, Texas--(BUSINESS WIRE)--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. |
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2024-07-15 21:17:00 |
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| Perma-Pipe's (PPIH) Q1 Earnings Surge Y/Y on Strong Sales |
Perma-Pipe (PPIH) reports Q1 EPS of 18 cents, reversing last year's loss. Strong backlog and market expansion bolster future outlook despite higher operating expenses. |
zacks.com |
2024-06-14 17:40:39 |
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| Perma-Pipe International Holdings, Inc. Announces First Quarter Fiscal 2024 Financial Results |
SPRING, Texas--(BUSINESS WIRE)--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. Our first quarter results dem. |
businesswire.com |
2024-06-13 13:24:00 |
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| How to Invest in Microcaps with Lumpy Revenue |
Evaluating microcaps with lumpy revenue requires more valuation effort. Here we highlight two companies which demonstrates this more rigorous process. |
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2024-05-28 14:46:31 |
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| Zacks Initiates Coverage of PERMA-PIPE With Outperform Recommendation |
Discover why Zacks rates "Outperform" for PERMA-PIPE, being the first on Wall Street to initiate coverage on the stock. Explore PPIH's strategic role in Qatar's LNG expansion and robust financial growth, amid the thriving global steel pipes market. |
zacks.com |
2024-05-17 12:21:01 |
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| Perma-Pipe International Holdings, Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results |
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results. |
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2024-04-26 13:26:00 |
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| Perma-Pipe International Holdings announces acceptance into QatarEnergy's Tawteen Program |
SPRING, Texas--(BUSINESS WIRE)--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. |
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2024-01-03 20:39:00 |
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| Perma-Pipe International Holdings, Inc. Announces its Third Quarter Fiscal 2023 Financial Results |
SPRING, Texas--(BUSINESS WIRE)--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 and represents over 70% of. |
businesswire.com |
2023-12-08 11:52:00 |
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| Perma-Pipe International Holdings Announces the Appointment of Matthew Lewicki as Vice President and Chief Financial Officer, Secretary and Treasurer |
SPRING, Texas--(BUSINESS WIRE)--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 se. |
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2023-10-02 18:07:00 |
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| Perma-Pipe International Holdings, Inc., announces opening of a new state-of-the-art insulation facility in Canada |
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) is pleased to announce the opening of its second pipe insulating facility in Canada. Strategically located outside of Ottawa, Ontario the new plant will focus primarily on serving the Ontario, Quebec, and Atlantic Canada markets. With the support of our existing plant in Camrose, Alberta, Perma-Pipe is well positioned to provide our valued customers across Canada with top-quality insulation systems. The new 3. |
businesswire.com |
2023-09-28 21:54:00 |
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| Perma-Pipe International Holdings Appoints Chuck Heaton as Vice President of Human Resources |
SPRING, Texas--(BUSINESS WIRE)--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, wor. |
businesswire.com |
2023-09-19 21:52:00 |
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| Perma-Pipe International Holdings, Inc. Announces its Second Quarter Fiscal 2023 Financial Results |
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the second quarter ended July 31, 2023. “Revenues for the second quarter were $35.1 million, a decrease of $1.9 million versus the same quarter last year. The resulting income from operations of $2.7 million was below the $3.3 million earned in the same quarter of 2022. Note that the results for this quarter however included a non-operating one-time tax expense of $0.5 mi. |
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2023-09-14 23:05:00 |
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| Perma-Pipe International Holdings, Inc. announces $8.5 million in contract awards in India and Saudi Arabia |
SPRING, Texas--(BUSINESS WIRE)--PERMA-PIPE International Holdings, Inc. (Nasdaq: PPIH) today announces the award of contracts with a combined value of $8.5 million in India and the Kingdom of Saudi Arabia. The contracts are for the XTRU-THERM® product. Both projects are scheduled to be delivered by the end of Q4 2023. Saleh Sagr, Senior Vice President for PERMA-PIPE's MENA region, commented: ”We are thrilled to maintain our market position as the leading provider of preinsulated piping technolo. |
businesswire.com |
2023-09-07 15:08:00 |
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