Frank's International Q2 2021 revenue $107.8M, net loss narrows to $12.6M, EBITDA up 85%

EXPRO GROUP HOLDINGS N.V.

Revenue $107.8M (+14% QoQ, +25% YoY); net loss $12.6M vs $23.9M prior Q.
Adjusted EBITDA $12.4M (85% QoQ improvement); margin 12%, highest since 2016.
Cash $188.6M, no debt, liquidity $224.6M; CapEx guided $20-25M.
Merger with Expro Group on track for Q3 2021 close; integration planning advanced.
Tubular Running Services revenue $71.9M, all segments showed growth.

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