---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-020782"
form_type: "8-K"
ticker: "XPRO"
cik: "0001575828"
company_name: "EXPRO GROUP HOLDINGS N.V."
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T00:30:41.751573+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Expro Q2 revenue $397M, net income $9M vs loss; Adj EBITDA $72M; reaffirms 2023 guidance

## Summary
- Revenue $397M (+17% QoQ, +27% YoY); net income $9M vs Q1 net loss $6M.
- Adjusted EBITDA $72M (+71% QoQ, +40% YoY); margin 18% (up from 12% Q1).
- Secured $300M of new work; notable contracts: $30M TotalEnergies Uganda, $20M Harbour Energy, >$50M Ghana extension.
- Paid $8M to SEC settling legacy FCPA issue; no debt; cash $181M; liquidity $311M.
- Full-year guidance reaffirmed: rev $1,450-1,550M, Adj EBITDA $275-325M, margin 19-21%.

## SEC filing metadata
- accession: 0001437749-23-020782
- form_type: 8-K
- ticker: XPRO
- cik: 0001575828
- company_name: EXPRO GROUP HOLDINGS N.V.
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1575828/000143774923020782/0001437749-23-020782-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1575828/000143774923020782/fi20230525_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-020782
- JSON: https://secwatch.observer/filing/0001437749-23-020782.json
- Plain text: https://secwatch.observer/filing/0001437749-23-020782.txt

## Key facts
- Earnings Releases
  EXPRO GROUP HOLDINGS N.V. reported the quarter ended June 30, 2023 results: revenue $397 million, net income $9 million, EPS $0.08 per diluted share. Guidance reaffirmed.
  - Period: the quarter ended June 30, 2023
  - Revenue: $397 million
  - Net income: $9 million
  - EPS: $0.08 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Revenue of $397 million, up 17% sequentially and up 27% year-over-year. Net income of $9 million, up sequentially from net loss of $6 million and up year-over-year from net loss of $4 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575828/000143774923020782/0001437749-23-020782-index.htm

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