What changed
PPIH printed Q2 FY26 GAAP EPS of $0.31, up from $0.10 in the prior-year quarter. Revenue rose 24% YoY to $60M, with backlog at $142.3M supported by more than $67M in Q2 awards. The bottom line included a $3.9M uncollectible receivable provision, partially offset by a $1.6M discrete tax benefit.
Why it matters
PPIH printed Q2 FY26 GAAP EPS of $0.31, up from $0.10 in the prior-year quarter. Revenue rose 24% YoY to $60M, with backlog at $142.3M supported by more than $67M in Q2 awards. The bottom line included a $3.9M uncollectible receivable provision, partially offset by a $1.6M discrete tax benefit.