---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-004266"
form_type: "8-K"
ticker: "XPRO"
cik: "0001575828"
company_name: "EXPRO GROUP HOLDINGS N.V."
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T02:39:53.306232+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-23-004266
- form_type: 8-K
- ticker: XPRO
- cik: 0001575828
- company_name: EXPRO GROUP HOLDINGS N.V.
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1575828/000143774923004266/0001437749-23-004266-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1575828/000143774923004266/fi20221115_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-004266
- JSON: https://secwatch.observer/filing/0001437749-23-004266.json
- Plain text: https://secwatch.observer/filing/0001437749-23-004266.txt

## Key facts
- Earnings Releases
  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
  source text: Revenue was $1,279 million for the year ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575828/000143774923004266/0001437749-23-004266-index.htm
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575828/000143774923004266/0001437749-23-004266-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.