secwatch.observer — SEC 8-K summary
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Issuer:     EXPRO GROUP HOLDINGS N.V. (XPRO)
CIK:        0001575828
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001437749-22-018730
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expro Q2 revenue $314M, up 12% QoQ; net loss narrows to $4M; launches $50M buyback
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- Revenue $314M (+12% QoQ); net loss $(4)M vs $(11)M Q1; adjusted net income $3M.
- Adjusted EBITDA $51M (+39% QoQ), margin 16% vs 13%.
- Repurchased 1.1M shares for $13M under new $50M buyback; no debt, $179M cash.
- NLA revenue $130M (+25% QoQ); ESSA $90M; MENA $45M; APAC $48M.
- Capex plan $60-70M H2 2022; support costs reduced $8M vs pre-merger combined.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575828/000143774922018730/0001437749-22-018730-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575828/000143774922018730/fi20220530_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-018730

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