secwatch.observer — SEC 8-K summary
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Issuer:     Innovex International, Inc. (INVX)
CIK:        0001042893
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0000950170-22-006525
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dril-Quip reports Q1 2022: revenue $83.1M, net loss $8.9M, orders improving
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- Revenue $83.1M, up $5.2M sequentially; net loss $8.9M ($0.26 loss per share).
- Adjusted EBITDA $3.2M (3.8% of revenue) vs $0.6M in Q4 2021.
- New orders $66.5M incl. ~$17M in Brazil orders; expects 20% order growth for 2022.
- Free cash flow negative $13.0M; capex $2.1M; repurchased $5.8M shares at $21.20 avg.
- Full-year 2022 revenue expected to grow 10% vs 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1042893/000095017022006525/0000950170-22-006525-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1042893/000095017022006525/drq-20220428.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-006525

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