secwatch.observer — SEC 8-K summary
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Issuer:     NPK International Inc. (NPKI)
CIK:        0000071829
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0000071829-24-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Newpark Q4 rev $167.8M, adj EPS $0.04; FY adj EBITDA $80.1M (+21%); guides IS rev $230-240M
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- Q4 revenue $167.8M, net loss $0.5M ($0.01/sh) vs prior year net income $9.0M.
- Full-year adj net income $27.8M ($0.31/diluted), up 135% YoY; adj EBITDA $80.1M (+21%).
- Industrial Solutions FY rev $207.6M (+8%), adj EBITDA margin 35.8% (+170bps).
- Fluids Systems strategic review ongoing, expected to conclude mid-2024; new $50M repurchase authorization.
- 2024 guidance: Industrial Solutions rev $230-240M, adj EBITDA $80-85M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/71829/000007182924000003/0000071829-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/71829/000007182924000003/nr-20240221.htm
  HTML page:      https://secwatch.observer/filing/0000071829-24-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer