Perimeter Solutions, SA (PRM) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Please note this call is being recorded, and I will be standing by should you need any assistance. It is now my pleasure to turn today's program over to Seth Barker, Head of Investor Relations. Please go ahead. Thank you, Operator. Good morning, everyone, and thank you for joining Perimeter Solutions' first quarter 2025 earnings call. Speaking on today's call are Haytham Corey, Chief Executive Officer, and Kyle Sable, Chief Financial Officer. We want to remind anyone who may be listening to a replay of this call that all statements made are as of today, May 8, 2025, and these statements have not been nor will they be updated subsequent to today's call. Also, today's call may contain forward-looking statements. These statements made today are based on management's current expectations, assumptions, and beliefs about our business and the environment in which we operate, and our actual results may materially differ from those expressed or implied on today's call. Please review our SEC filings, particularly any risk factors included in our filings, for a more complete discussion of factors that could impact our results. The company would also like to advise you that during the call we will be referring to non-GAAP financial measures, including adjusted EBITDA, adjusted EPS, and free cash flow. The reconciliation of and other information regarding these items can be found in our earnings press release and presentation, both of which will be available on our website and on the SEC's website. With that, I will turn the call over to Hatem Khoury, Chief Executive Officer. Thank you, Seth, and good morning, everyone. We're pleased to report Perimeter's strong start to 2025. First quarter adjusted EBDA reached 18.1 million, reflecting solid execution of our operational value dr...