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0 0.00261437908496726 -0.0522875816993464 -0.00915032679738566 0.0117647058823529 0.0366013071895425 0.0588235294117646 0.0434509803921568
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Perma-Pipe International Holdings, Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results

Perma-Pipe International Holdings, Inc. (PPIH) 
US:NASDAQ Investor Relations: investors.permapipe.com
Company Research Source: Business Wire
The Company generated net sales of $40.2 million for the quarter and $150.7 million for the yearIncome before income taxes of $3.2 million for the quarter and $9.9 million for the yearNet income of $8.6 million for the quarter and $10.5 million for the yearBacklog of $68.4 million at January 31, 2024, compared to $38.5 million at January 31,2023 SPRING, Texas--(BUSINESS WIRE)--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 $5.4 million compared to $3.2 million in the same quarter of 2022. For the year ended January 31, 2024, net sales of $150.7 million represents an increase of $8.1 million or 6%, as compared to net sales of $142.6 million in the prior year. The resulting net income of $10.5 million was Show less Read more
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