Innovex Q1 revenue $240M, Adj EBITDA $46M, sells facility for $95M, guides Q2 lower

Innovex International, Inc.

2025-Q1 EPS reported $0.21 revenue$240,415,000

Revenue $240M (-4% QoQ), net income $15M, Adjusted EBITDA $46M (19% margin).
Sold legacy Dril-Quip Eldridge facility for $95M to free up capital for margins.
Repurchased 395,234 shares at avg $14.94 under new $100M buyback program.
Q2 guidance: revenue $225-235M, Adj EBITDA $40-45M, citing Mexico softness and slight NAM declines.
Free cash flow $24M (52% of Adj EBITDA); net cash $43M with $103M revolver availability.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.