secwatch.observer — SEC 8-K summary
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Issuer:     EXPRO GROUP HOLDINGS N.V. (XPRO)
CIK:        0001575828
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001437749-23-012419
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expro Q1 net loss of $6M; revenue $339M (-3% QoQ); reaffirms FY guidance
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- Revenue $339M (-3% QoQ, +21% YoY); net loss $6M ($0.06 diluted loss per share).
- Adj EBITDA $42M (12% margin); excl $11M LWI costs, Adj EBITDA $53M (16%), +36% YoY.
- Reaffirmed FY2023 guidance: rev $1.45-1.55B, Adj EBITDA $275-325M, margin 19-21%.
- Completed DeltaTek cementing acquisition; repurchased ~$10M stock at avg $17.99 in Q1.
- Cash $186M, no debt; total liquidity $316M including $130M revolver.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575828/000143774923012419/0001437749-23-012419-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575828/000143774923012419/fi20230111_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-012419

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