secwatch.observer — SEC 8-K summary
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Issuer:     Innovex International, Inc. (INVX)
CIK:        0001042893
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0000950170-22-013365
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 Q2 revenue $94M, net loss $5.6M; reaffirms 10% full-year growth target
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- Revenue $94.0M, up 13% sequentially; net loss $5.6M ($0.16/sh) vs. Q1 loss $9.0M.
- Adjusted EBITDA $9.3M (9.9% margin), up from $3.2M in Q1; free cash flow negative $10.6M.
- Booked $49.6M net new orders; repurchased $3.8M shares at avg $24.49/share.
- Expects real estate sales to close in Q3 with combined net proceeds $40-50M; GHG target 50% reduction by 2030.
- Reaffirms full-year 2022 revenue growth of ~10% vs 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1042893/000095017022013365/0000950170-22-013365-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1042893/000095017022013365/drq-20220728.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-013365

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