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-0.0136292834890965 -0.00233644859813079 0.00506230529595026 0 -0.00584501557632392 -0.0225856697819314 -0.0385514018691588 -0.00700934579439251
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Perma-Pipe International Holdings, Inc. Announces Second Quarter 2025 Financial Results and Initiates Exploration of Strategic Alternatives to Maximize Shareholder Value [Yahoo! Finance]

Perma-Pipe International Holdings, Inc. (PPIH) 
US:NASDAQ Investor Relations: investors.permapipe.com
Company Research Source: Yahoo! Finance
Income before income taxes of $2.8 million for the quarter and $10.2 million year-to-date Adjusted Income before tax of $4.9 million for the quarter and $12.3 million year-to-date Backlog of $157.8 million at July 31, 2025, compared to $138.1 million at January 31, 2025 SPRING, Texas, September 15, 2025 BUSINESS WIRE )--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the second quarter ended July 31, 2025. "For the three months ended July 31, 2025, net sales were $47.9 million, an increase of $10.4 million, or 27.7%, compared to $37.5 million in the prior-year quarter. Growth was driven by higher sales volumes in both the Middle East and North America. Gross profit was $14.4 million, up $0.9 million from $13.5 million last year, reflecting higher activity levels. General and administrative expenses increased to $10.0 million from $6.0 million, primarily due to higher payroll and professional fees. This includes a one-time $2.1 mill Show less Read more
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