Perimeter Solutions Q2 FY26 net loss widens to $181.6 million; net sales rise 31% to $213.8 million - PRM News | RalliesPerimeter Solutions Q2 FY26 net loss widens to $181.6 million; net sales rise 31% to $213.8 million
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PRM• Quarterly results
- Perimeter Solutions reported a GAAP net loss of $181.6 million, widening from a year-earlier loss, with a diluted loss per share of $1.11.
- Net sales rose 31% from a year earlier to $213.8 million, driven by a 7% increase in Fire Safety to $129.1 million.
- Specialty Products net sales more than doubled to $84.7 million, while non-GAAP adjusted EBITDA climbed 16% to $105.6 million.
- Non-GAAP adjusted earnings were $0.35 per diluted share, down from $0.39, while non-GAAP adjusted net income increased to $59.6 million.
Acquisition update
- Monaco Enterprises was acquired for a total cash purchase price, net of cash acquired, of $120 million.
- The company said the acquisition is expected to add more than $11 million in annualized adjusted EBITDA.
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