Perimeter Solutions, SA (NYSE:PRM) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET

Company Participants

Seth Barker - Head of Investor Relations
Haitham Khouri - Chief Executive Officer
Kyle Sable - Chief Financial Officer and Principal Accounting Officer

Conference Call Participants

Dan Kutz - Morgan Stanley
Lucas Beaumont - UBS

Operator

Greetings, and welcome to the Perimeter Solutions Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Mr. Seth Barker, Head of Investor Relations for Perimeter Solutions. Thank you, sir. You may begin.

Seth Barker

Thank you, operator. Good morning, everyone, and thank you for joining Perimeter Solutions’ second quarter 2024 earnings call. Speaking on today’s call are Haitham Khouri, 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, August 1, 2024, 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 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 EBITDA. 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 Haitham Khouri, Chief Executive Officer.

Haitham Khouri

Thank you, Seth. Good morning, everyone. Thank you for joining us. As always, I’ll start on Slide 3 with summary comments on our strategy.

Our stated goal is to deliver private equity like returns with the liquidity of a public market. We plan to attain this goal by owning, operating and growing uniquely high-quality businesses. We define uniquely high-quality businesses through the following five very specific economic criteria:

Number 1, recurring and predictable revenue streams.