---
schema_version: "secwatch.filing_event.v1"
accession: "0000071829-24-000034"
form_type: "8-K"
ticker: "NPKI"
cik: "0000071829"
company_name: "NPK International Inc."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T01:07:57.231335+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Newpark Q1 net income up 30% to $7.3M; margins expand 210bps; Fluids strategic review on track

## Summary
- Net income of $7.3M ($0.08 diluted EPS) vs $5.6M prior year; Adjusted net income of $8.9M ($0.10 diluted EPS).
- Revenue $169.1M, down 15% YoY from $200.0M; Adjusted EBITDA $21.3M, up 1% with margin of 12.6% (+210 bps).
- Industrial Solutions segment EBITDA margin improved 150 bps to 36.8%; rental volumes hit record levels entering Q2.
- Fluids Systems strategic review remains active, anticipated substantially complete by mid-2024.
- Total cash $38M; Net Debt $40M (0.5x trailing EBITDA); available liquidity $58M under ABL facility.

## SEC filing metadata
- accession: 0000071829-24-000034
- form_type: 8-K
- ticker: NPKI
- cik: 0000071829
- company_name: NPK International Inc.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/71829/000007182924000034/0000071829-24-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/71829/000007182924000034/nr-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000071829-24-000034
- JSON: https://secwatch.observer/filing/0000071829-24-000034.json
- Plain text: https://secwatch.observer/filing/0000071829-24-000034.txt

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