topstockalerts
Jul 31, 8:13 PM
Perimeter Solutions shares fell sharply after the company reported mixed Q2 2026 results. Net sales increased 31% year over year to
$213.8 million, and adjusted EPS of
$0.35 topped some analyst estimates. However, the company posted a much larger GAAP net loss of
$181.6 million, or
$1.11 per diluted share, compared with a
$32.2 million loss a year earlier, disappointing investors.
Profitability also weakened as adjusted EBITDA margin declined to about 49% from 56% a year ago, reflecting pressure in the company's core Fire Safety business, where adjusted EBITDA grew only 1% year over year. While the Specialty Products segment delivered much stronger growth, it was not enough to offset concerns over slowing margins.
Investor sentiment was further weighed down by the company's
$120 million cash acquisition of Monaco Enterprises, completed on July 30 and financed with cash and existing credit facilities, raising concerns about leverage and capital deployment.
$PRM
