PPIH's Q2 Earnings Rise Y/Y on Strong North America, MENA Sales

Perma-Pipe reported fiscal Q2 year-over-year improvement in earnings per share and sales, driven by higher shipment volumes in North America and the Middle East and North Africa (MENA). Backlog growth and new project awards support continued revenue momentum, although margin pressure remains a key headwind. The update is modestly positive for the company’s operating outlook but is unlikely to have broad market impact.