PERMA-PIPE INTL HLDGS

David B. Brown has resigned his mandate on the board of directors of Perma-Pipe International Holdings effective January 15, 2026; the resignation was not due to disagreements with the board, the company, or management. Richard M. Sherrill was appointed to the board. Perma-Pipe reports project orders of USD 52 million in the third quarter of 2025, including orders for data centers and Saudi Aramco, and one analyst raised the price target to USD 36 with a "Buy" rating. » More on de.investing.com

Perma-Pipe International reported revenue of $61.2 million for the quarter ended October 31, 2025, an increase of 47.14% from $41.6 million in the year-ago quarter. Earnings per share (EPS) rose to $0.77 from $0.31 a year earlier. The figures were presented at a financial conference on December 12, 2025. » More on finanzen.net

Perma-Pipe reported project orders in the third quarter of 2025 totaling 52 million USD, including a previously announced 30 million USD in September and additional contracts worth 22 million USD. The orders relate to infrastructure projects for data centers in the US and projects with Saudi Aramco to be executed at the expanded production facility in Dammam. After the announcement the stock rose about 12.5%; the company emphasizes strengthened regional manufacturing capacity and strategic growth in Saudi Arabia. » More on de.investing.com