Perma-Pipe International reports Q1 EPS 61c vs. 18c last year

Reports Q1 revenue $46.75M vs. $34.32M last year. “Sales for the first quarter were $46.7 million, resulting in an increase of $12.4 million, or 36.2%, compared to $34.3 million in the same quarter last year. Net income attributable to common stock of $5.0 million was an increase of $3.6 million, or 243%, compared to $1.4 million in the first quarter of the prior year,” noted president and CEO Saleh Sagr.

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Perma-Pipe Appoints Saleh Sagr as New CEO Perma-Pipe International CEO David Mansfield departs, Saleh Sagr succeed Perma-Pipe International announces $2.4M contract award in Qatar

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