PPIH's Q2 Earnings Down Y/Y, Sales Rise on Strong Middle East Demand

Shares of Perma-Pipe International Holdings, Inc. (PPIH) have declined 26.4% since the company reported its earnings for the quarter ended July 31, 2025. This compares unfavorably with the S&P 500 index’s modest gain of 0.5% over the same period. Over the past month, PPIH shares have fallen 15.7%, while the S&P 500 advanced by 4.3%, underscoring a significant underperformance by the stock in contrast to the broader market.For the fiscal second quarter ended July 31, 2025, Perma-Pipe reported earnings per sh ...