Perma-Pipe posts Q3 net sales of USD 61.1 million, up 47 percent

Reuters12-12

Perma-Pipe posts Q3 net sales of USD 61.1 million, up 47 percent

Perma-Pipe International Holdings Inc. reported net sales of USD 61.1 million for the third quarter (Q3) ended October 31, 2025, marking a 46.9% increase. Year-to-date (9M), net sales reached USD 155.8 million. Income before income taxes was USD 10.9 million for Q3 and USD 21.1 million for the nine-month period. Diluted earnings per share stood at USD 0.77 for Q3 and USD 1.49 year-to-date. Net income attributable to common stock was USD 12.1 million for the nine months ended October 31, 2025, an increase of USD 4.9 million. The company reported a backlog of USD 148.9 million at October 31, 2025, up from USD 138.1 million at January 31, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Perma-Pipe International Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251212056738) on December 12, 2025, and is solely responsible for the information contained therein.

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