secwatch.observer — SEC 8-K summary
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Issuer:     EXPRO GROUP HOLDINGS N.V. (XPRO)
CIK:        0001575828
Form:       8-K
Filed at:   2021-11-08T23:59:59+00:00
Accession:  0001437749-21-025560
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expro reports Q3 pro forma combined revenue $312.5M, up 10% sequentially; guides Q4 EBITDA margin 15-17%
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- Legacy Expro revenue $197.5M (+12% QoQ), Adjusted EBITDA $30.9M (+18% QoQ).
- Frank's revenue $114.9M (+7% QoQ), Adjusted EBITDA $13.8M (+11% QoQ).
- Combined cash $270.6M; new $200M credit facility with $130M drawn; no outstanding debt.
- Expects $55M annual run-rate cost synergies within 12 months, $70M total in 24-36 months.
- Q4 2021 outlook: flat to mid-single digit revenue growth, 15-17% Adjusted EBITDA margin.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575828/000143774921025560/0001437749-21-025560-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575828/000143774921025560/fi20210901_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-025560

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