Why Are Engineered Pipe Services Provider Perma-Pipe's Shares Surging Today?
Why Are Engineered Pipe Services Provider Perma-Pipe's Shares Surging Today?
Perma-Pipe International Holdings Inc (NASDAQ:PPIH) shares are shooting higher after it reported third-quarter FY23 earnings.
Perma-Pipe International Holdings Inc（納斯達克股票代碼：PPIH）公佈了23財年第三季度業績後，股價飆升。
The company reported third-quarter FY23 sales growth of 21% year-on-year to $45.7 million compared to $37.9 million last year.
該公司報告稱，2023財年第三季度銷售額同比增長21％，達到4,570萬美元，而去年同期爲3,790萬美元。
The increase in revenue was primarily driven by an increased sales volume in Saudi Arabia.
收入的增長主要是由沙特阿拉伯銷量的增加推動的。
Gross profit increased 18.9% year-on-year to $13.2 million, and the profit margin contracted to 29%.
毛利同比增長18.9％至1,320萬美元，利潤率收縮至29％。
General and administrative expenses for the quarter rose 8% to $5.7 million, reflecting higher payroll costs.
本季度的一般和管理費用增長了8％，達到570萬美元，反映了工資成本的增加。
Operating income climbed 33.1% to $6 million, with an operating margin of 13.2%.
營業收入增長33.1％，達到600萬美元，營業利潤率爲13.2％。
EPS for the quarter was $0.24 compared to $0.21 last year.
該季度的每股收益爲0.24美元，而去年爲0.21美元。
The company said the backlog has grown during each quarter this year and now stands at $73.1 million, representing approximately half of a year's revenues at the current run rate.
該公司表示，今年每個季度的積壓量都在增加，目前爲7,310萬美元，按目前的運行率計算，約佔全年收入的一半。
Price Action: PPIH shares are trading higher by 14.90% at $8.00 on the last check Friday.
價格走勢：週五最後一張支票，PPIH股價上漲14.90％，至8.00美元。
譯文內容由第三人軟體翻譯。