secwatch.observer — SEC 8-K summary
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Issuer:     EXPRO GROUP HOLDINGS N.V. (XPRO)
CIK:        0001575828
Form:       8-K
Filed at:   2022-03-02T23:59:59+00:00
Accession:  0001437749-22-005039
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expro Q4 revenue $296M (+50% QoQ); Adj EBITDA $51M; guides H2 2022 margins ~20%
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- Revenue $296M (+50% QoQ), net loss $91M ($0.84/sh), adj net loss $4M ($0.03/sh).
- Adjusted EBITDA $51M (17% margin), up 61% QoQ; full-year Adj EBITDA $126M.
- Cash $240M, no debt; liquidity $370M; 2022 capex guidance $90-100M.
- Q1 2022 revenue flat QoQ, Adj EBITDA margin 12-14%; H2 2022 margins ~20%.
- Cost synergies: >50% of $55M run-rate captured in 12 months; total at least $70M in 24-36 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575828/000143774922005039/0001437749-22-005039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575828/000143774922005039/fi20220208_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-005039

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