Expro Q4 revenue $351M (+5% seq), adj. EBITDA $70M (+46%); guides 2023 rev $1.45-1.55B

EXPRO GROUP HOLDINGS N.V.

2024-FY EPS reported -$0.18 revenue$1,279,418,000

Q4 revenue $351M (+5% seq); net income $13M ($0.12 diluted) vs net loss $18M in Q3.
Adjusted EBITDA $70M (20% margin), up 46% sequentially; full year adj. EBITDA $206M (16% margin).
Full year revenue $1,279M (+55% YoY); net loss $20M vs $132M prior year.
2023 guidance: revenue $1.45-1.55B, adj. EBITDA $275-325M (19-21% margin).
Cash $218M, no debt; achieved $66M annualized merger cost synergies.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.92

EXPRO GROUP HOLDINGS N.V. reported Full Year 2022 results: revenue $1,279 million, net income Net loss was $20 million for the year ended December 31, 2022, or $0.18 per diluted share, EPS $0.18 per diluted share.

Period: Full Year 2022
Revenue: $1,279 million
Net income: Net loss was $20 million for the year ended December 31, 2022, or $0.18 per diluted share
EPS: $0.18 per diluted share
Result: reported results

Exact text from the filing

Revenue was $1,279 million for the year ended December 31, 2022

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.92

EXPRO GROUP HOLDINGS N.V. reported the quarter and year ended December 31, 2022 results: revenue $351 million, net income $13 million, or $0.12 per diluted share, EPS $0.12 per diluted share.

Period: the quarter and year ended December 31, 2022
Revenue: $351 million
Net income: $13 million, or $0.12 per diluted share
EPS: $0.12 per diluted share
Result: reported results

Exact text from the filing

or “Expro”) today reported financial and operational results for the three months and year ended December 31, 2022. Fourth Quarter 2022 Financial Highlights • Revenue was $351 million compared to revenue of $334 million in the third quarter of 2022, a sequential increase of $17 million, or 5%, driven by increased activity in Europe and Sub-Saharan Africa

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51 earnings releases filed in the last 30 days. Browse all earnings releases →

EXPRO GROUP HOLDINGS N.V. filing history →

Source: SEC EDGAR

accession 0001437749-23-004266

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