---
schema_version: "secwatch.filing_event.v1"
accession: "0000071829-23-000011"
form_type: "8-K"
ticker: "NPKI"
cik: "0000071829"
company_name: "NPK International Inc."
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T09:53:36.847041+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Newpark Q4 revenue $225M, EPS $0.10, completes strategic divestitures, reduces debt $47M

## Summary
- Q4 2022 revenue $225.2M, up 25% YoY; net income $9.0M ($0.10 diluted) vs net loss $3.7M a year ago.
- Adjusted EPS $0.07, up 27% sequentially; Adjusted EBITDA $21.5M, up 9% sequentially.
- Industrial Solutions revenue $57.5M (+12% QoQ), operating income $17.8M; utilities end-market record $43M.
- Fluids Systems ongoing ops revenue $148M (+4% QoQ), operating income $7.7M; divested ops contributed $20M.
- Generated ~$80M cash in Q4 from divestitures; reduced debt $47M; repurchased 5% of shares for $18M.

## SEC filing metadata
- accession: 0000071829-23-000011
- form_type: 8-K
- ticker: NPKI
- cik: 0000071829
- company_name: NPK International Inc.
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/71829/000007182923000011/0000071829-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/71829/000007182923000011/nr-20230216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000071829-23-000011
- JSON: https://secwatch.observer/filing/0000071829-23-000011.json
- Plain text: https://secwatch.observer/filing/0000071829-23-000011.txt

## Key facts
- Earnings Releases
  NPK International Inc. reported the fourth quarter ended December 31, 2022 results: revenue $225.2 million, net income $9.0 million, or $0.10 per diluted share, EPS $0.10 per diluted share.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $225.2 million
  - Net income: $9.0 million, or $0.10 per diluted share
  - EPS: $0.10 per diluted share
  - Result: reported results
  source text: Newpark Resources, Inc. (NYSE: NR) (“Newpark” or the “Company”) today announced results for its fourth quarter ended December 31, 2022. Total revenues for the fourth quarter of 2022 were $225.2 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/71829/000007182923000011/0000071829-23-000011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.