---
schema_version: "secwatch.filing_event.v1"
accession: "0000071829-23-000122"
form_type: "8-K"
ticker: "NPKI"
cik: "0000071829"
company_name: "NPK International Inc."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T19:37:38.138191+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Newpark Q2 net income $1.7M vs loss; Adj EBITDA $19.8M, +49% YoY

## Summary
- Revenue $183.3M (-6% YoY); Industrial Solutions $48.1M (-2%), Fluid Systems $135.2M (-7%).
- Net income $1.7M ($0.02 diluted) vs net loss $7.8M prior year; Adj net income $6.8M ($0.08).
- Adjusted EBITDA $19.8M (10.8% margin, +400bps); Industrial Solutions segment margin 37.7% (+660bps).
- Formal strategic review of Fluids Systems segment announced in June 2023; exploring exit possibilities.
- Repurchased $5M in Q2 ($20M YTD); net leverage 0.9x, cash $22M, $30M remaining authorization.

## SEC filing metadata
- accession: 0000071829-23-000122
- form_type: 8-K
- ticker: NPKI
- cik: 0000071829
- company_name: NPK International Inc.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/71829/000007182923000122/0000071829-23-000122-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/71829/000007182923000122/nr-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000071829-23-000122
- JSON: https://secwatch.observer/filing/0000071829-23-000122.json
- Plain text: https://secwatch.observer/filing/0000071829-23-000122.txt

## Key facts
- Earnings Releases
  NPK International Inc. reported three and six months ended June 30, 2023 results: revenue $48.1 million, net income Net Income of $1.7 million , or $0.02 per diluted share, EPS $0.02 per diluted share.
  - Period: three and six months ended June 30, 2023
  - Revenue: $48.1 million
  - Net income: Net Income of $1.7 million , or $0.02 per diluted share
  - EPS: $0.02 per diluted share
  - Result: reported results
  source text: second quarter ended June 30, 2023. SECOND QUARTER 2023 RESULTS (all comparisons versus the prior year period unless otherwise noted) • Industrial Solutions segment revenue of $48.1 million , -2%; year-to-date $103.9 million, +23% • Fluid Systems segment revenue of $135.2 million , -7%; year-to-date $279.4 million, -2% • Net Income of $1.7 million , or $0.02 per
  evidence_url: https://www.sec.gov/Archives/edgar/data/71829/000007182923000122/0000071829-23-000122-index.htm

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