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Perma-Pipe International Holdings, Inc. Announces Fourth Quarter and Fiscal 2024 Financial Results

1. PPIH reported Q4 sales of $45 million, a $4.8 million increase. 2. Yearly sales totaled $158.4 million, up $7.7 million year-on-year.

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$11.2305/01 04:37 PM EDTEvent Start
$13.505/02 10:47 PM EDTLatest Updated
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FAQ

Why Bullish?

The moderate growth in sales and income indicates positive momentum for PPIH, similar to past quarters where consistent revenue growth fostered investor confidence, positively impacting stock prices.

How important is it?

The financial results demonstrate growth, which may attract investors and positively affect PPIH's stock price in the near future.

Why Short Term?

The immediate reporting of Q4 results typically influences stock prices in the short term, akin to how PPIH’s past earnings reports have often led to immediate market reactions.

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SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the fourth quarter and 2024 fiscal year ended January 31, 2025. “Sales for the fourth quarter and full year 2024 show moderate growth and were $45.0 million and $158.4 million, resulting in increases of $4.8 million and $7.7 million, compared to the prior year. Income before taxes was $5.3 million and $18.5 million in the fourth quarter and for the full year 2024, which i.

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