secwatch.observer — SEC 8-K summary
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Issuer:     NPK International Inc. (NPKI)
CIK:        0000071829
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0000071829-24-000090
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Newpark Resources Q2 adj. EBITDA +18% to $23.4M; Industrial Solutions revenue jumps 39% organically
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- GAAP net income $8.0M ($0.09 diluted EPS); adjusted net income $10.4M ($0.12 diluted EPS).
- Adjusted EBITDA $23.4M (+18% YoY), margin 13.1% (+230 bps); total revenue $179.0M (-2% YoY).
- Industrial Solutions revenue $66.8M (+39% organic); record product sales $30M; segment operating margin 29.0%.
- Fluids Systems revenue $112.2M (-17% YoY); international operations contributed 71% of segment revenue.
- Free cash flow $21.9M; net debt $23M, leverage 0.3x; Fluids Systems sale process expected to resolve in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/71829/000007182924000090/0000071829-24-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/71829/000007182924000090/nr-20240805.htm
  HTML page:      https://secwatch.observer/filing/0000071829-24-000090

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