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December 14 , 2021 A Perimeter SOLUTIONS Quality Products . Exceptional Response . Perimeter Solutions Reports Third Quarter 2021 Results Listed on The New York Stock Exchange under the symbol " PRM " on November 9 , 2021 Double - digit revenue and Adjusted EBITDA growth in the Fire Safety segment , both in Q3 and year - to - date $ 100M Share repurchase program authorized CLAYTON , Miss . , Dec. 14 , 2021 / PRNewswire / -- Perimeter Solutions , SA ( NYSE : PRM ) ( " Perimeter " or the " Company " ) , a global solutions provider for the fire safety and oil additives industries , today reported financial results for its third quarter ended September 30 , 2021 . " We are delighted to share our first financial results as a public company , " said CEO Edward Goldberg . " Our revenue and Adjusted EBITDA grew double digits , in Fire Safety , in both the third quarter and year - to - date periods . Most importantly , we delivered on our commitment to support our customers efforts , 100 % of the time , to save lives , property , and the environment . In addition , we successfully qualified and launched Phos - Chek Fortify , our new durable retardant product designed for the Prevention and Protection market . We believe Fortify is a game changer , providing season long protection for both fire prevention and fire protection . " Mr. Goldberg added " Oil Additives Adjusted EBITDA declined in the third quarter , primarily due to higher material and transportation costs during the period . We fully expect to pass through these costs , with margin recovery already underway in the fourth quarter , and our expectations for the segment unchanged . " Third Quarter 2021 Results • Net sales increased 12 % to $ 195.4 million during the third quarter , • • as compared to $ 174.3 million in the prior - year quarter . 。 Fire Safety sales increased 14 % to $ 172.4 million , as compared to $ 151.1 million in the prior year . 。 Oil Additives sales decreased 1 % to $ 23.0 million , as compared to $ 23.2 million in the prior year . Net income during the third quarter was $ 52.0 million , or $ 0.98 per share , a decline of $ 0.6 million from $ 52.6 million , or $ 0.99 per share , for the same period of 2020 . Adjusted EBITDA increased 9 % to $ 100.4 million during the third quarter , as compared to $ 92.2 million in the prior - year quarter . 。 Fire Safety Adjusted EBITDA increased 13 % to