---
schema_version: "secwatch.filing_event.v1"
accession: "0000071829-23-000039"
form_type: "8-K"
ticker: "NPKI"
cik: "0000071829"
company_name: "NPK International Inc."
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T04:08:01.551681+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Newpark Q1 net income $0.06/diluted sh; adj EPS $0.09; Industrial Solutions rev +58% YoY

## Summary
- Total revenues $200.0M vs $176.4M in Q1 2022 (+13%); net income $5.6M vs $2.5M.
- Adjusted Net Income $0.09/diluted share; Adjusted EBITDA $21.0M vs $11.7M prior-year.
- Industrial Solutions segment posted record Q1 revenue of $55.9M (+58% YoY) with operating income $14.5M.
- Repurchased ~4% of shares for $15M; expects $6M annualized cost savings from restructuring.

## SEC filing metadata
- accession: 0000071829-23-000039
- form_type: 8-K
- ticker: NPKI
- cik: 0000071829
- company_name: NPK International Inc.
- filed_at: 2023-05-02T23:59:59+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/71829/000007182923000039/0000071829-23-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/71829/000007182923000039/nr-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000071829-23-000039
- JSON: https://secwatch.observer/filing/0000071829-23-000039.json
- Plain text: https://secwatch.observer/filing/0000071829-23-000039.txt

## Key facts
- Earnings Releases
  NPK International Inc. reported first quarter ended March 31, 2023 results: revenue $200.0 million, net income $5.6 million, EPS $0.06 per diluted share.
  - Period: first quarter ended March 31, 2023
  - Revenue: $200.0 million
  - Net income: $5.6 million
  - EPS: $0.06 per diluted share
  - Result: reported results
  source text: Total revenues for the first quarter of 2023 were $200.0 million compared to $225.2 million for the fourth quarter of 2022 and $176.4 million for the first quarter of 2022. Net income for the first quarter of 2023 was $5.6 million, or $0.06 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/71829/000007182923000039/0000071829-23-000039-index.htm

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