secwatch.observer — SEC 8-K summary
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Issuer:     EXPRO GROUP HOLDINGS N.V. (XPRO)
CIK:        0001575828
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001437749-23-004266
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575828/000143774923004266/0001437749-23-004266-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575828/000143774923004266/fi20221115_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-004266

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