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Perma-Pipe (PPIH) Q2 revenue increased 24.4% year-over-year to $59.6 million, driven by new orders and a joint venture from its Middle East expansion.
The company reported $67.8 million in new orders for the second quarter, primarily driven by demand in oil and gas and infrastructure. As of July 31, the backlog reached $142.3 million, a 17% increase
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Perma-Pipe (PPIH) Q2 revenue increased 24.4% year-over-year to $59.6 million, driven by new orders and a joint venture from its Middle East expansion.
The company reported $67.8 million in new orders for the second quarter, primarily driven by demand in oil and gas and infrastructure. As of July 31, the backlog reached $142.3 million, a 17% increase
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