earnings
confidence high
sentiment neutral
materiality 0.60
Expro Q1 revenue $280M, net loss $0.10/sh; Adj. EBITDA $37M
EXPRO GROUP HOLDINGS N.V.
- Revenue $280M, down 5% sequentially from Q4 2021's $296M.
- Net loss $11M ($0.10 diluted EPS); adjusted net income $1M ($0.01 adj. EPS).
- Adjusted EBITDA $37M (13% margin), down from $51M (17% margin) in Q4 2021.
- No debt; cash & restricted cash $218M; total liquidity $348M including $130M revolver.
- Capex guidance $80-90M for remainder of 2022; acquired SolaSense for ~$11M.