$PPIH

Perma-Pipe International Holdings, Inc.

No enriched coverage for $PPIH in the last 7 days.

No SEC Form 4 filings for $PPIH in the last 30 days.

See all $PPIH insider activity →
Med

Perma-Pipe’s (PPIH) Middle East Bet Just Got A Lot More Real

Perma-Pipe International Holdings (PPIH) reported Q2 net sales up 24.4% YoY to $59.6M, with a backlog of $142.3M. Growth driven by Middle East infrastructure projects, new plants in Ohio and Qatar, and a joint venture in Jordan. Gross margin slipped to 29.2% due to higher costs and a $3.9M receivable write-off. CEO Saleh Sagr noted Middle East conflict impacts margins.

Perma-Pipe International Holdings Q2 Income Rises From Higher Net Sales

Perma-Pipe International Holdings (PPIH) reported Q2 2026 net income of $2.55M ($0.31 per share), up from $0.85M ($0.10 per share) a year ago, driven by higher net sales of $59.57M. Adjusted income before tax rose to $8.33M. Shares fell 1.86% in after-hours trading.

PPIH sentiment & insider activity

Recent PPIH coverage spans earnings, financial news and corporate actions.

What's driving PPIH

AlphAI scores every news story that mentions PPIH with an AI model for sentiment and relevance, and aggregates insider trades from Perma-Pipe International Holdings, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $PPIH

Score

Perma-Pipe’s (PPIH) Middle East Bet Just Got A Lot More Real

Perma-Pipe International Holdings (PPIH) reported Q2 net sales up 24.4% YoY to $59.6M, with a backlog of $142.3M. Growth driven by Middle East infrastructure projects, new plants in Ohio and Qatar, and a joint venture in Jordan. Gross margin slipped to 29.2% due to higher costs and a $3.9M receivable write-off. CEO Saleh Sagr noted Middle East conflict impacts margins.

$PPIHMed

Perma-Pipe International Q2 Earnings Call Highlights

Perma-Pipe International reported Q2 gross profit up 21% to $17.4M, with backlog rising to $142.3M. CEO Saleh Sagr highlighted growth in data-center and district heating/cooling, and a new Ohio facility. The company secured a $90M credit facility and aims to expand leak-detection offerings. Management expects strong H2 performance, pending market conditions.

$PPIHHigh

Perma-Pipe International Holdings, Inc. (PPIH): Results of Operations and Financial Condition

Perma-Pipe International Holdings, Inc. (PPIH) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Perma-Pipe International Holdings, Inc. Announces Second Quarter 2026 Financial Results ● Net Sales Increased 24% Year-over-Year to $59.6 Million ● Gross Profit Up 21% to $17.4 Million ● Net Income Attributable to Common Stock Increased $1.6 Million to $2.5 Million,

Perma-Pipe and Welspun Announce Memorandum of Understanding to Establish Pipe Manufacturing and Coating Facilities in Jordan

Perma-Pipe (PPIH) and Welspun signed an MOU with Jordan's government to develop pipe manufacturing and coating facilities, aiming to support water, oil, and gas projects in Jordan and the Levant region. The partnership combines Welspun's pipe manufacturing expertise with Perma-Pipe's anti-corrosion coating solutions. The project is expected to create a regional manufacturing hub and support infrastructure development in the area.

$PPIHMed

Perma-Pipe Hikes on Credit Facility

Perma-Pipe (PPIH) closed a new global credit facility with J.P. Morgan, totaling $89 million. The facility includes a $75 million revolving credit line and a $14 million term loan, with an additional $50 million in incremental capacity. This replaces multiple existing facilities, providing enhanced liquidity and financial flexibility for the company's operations and expansion.

$PPIHMed

Perma-Pipe International Holdings, Inc. (PPIH): Entry into a Material Definitive Agreement

Perma-Pipe International Holdings, Inc. (PPIH) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 COMPANY: Perma-Pipe International Holdings, Inc. CONTACTS: Saleh Sagr, President and CEO Perma-Pipe Investor Relations 847.929.1200 investor@permapipe.com Perma-Pipe Announces Closing of Global Credit Facility of Up to $139 Million New Credit Facility Enhances Global

Related tickers