---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-004937"
form_type: "8-K"
ticker: "XPRO"
cik: "0001575828"
company_name: "EXPRO GROUP HOLDINGS N.V."
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T22:04:09.113145+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Expro Q4 revenue $407M, Adj EBITDA $85M; guides 2024 rev $1.6-1.7B, Adj EBITDA $325-375M

## Summary
- Q4 revenue $407M (+10% seq, +18% YoY full year), net loss $12M ($0.11/diluted); adjusted net income $7M ($0.06).
- Adjusted EBITDA Q4 $85M (21% margin), up 70% sequentially; full year $249M (16% margin), +21% YoY.
- 2024 guidance: revenue $1.6-1.7B, Adj EBITDA $325-375M (20-22% margin); Q1 rev $365-375M, Adj EBITDA $63-73M.
- Definitive agreement to acquire Coretrax (performance drilling tools) expected to close early Q3 2024.
- PRT Offshore acquired in Q4; LWI suspension cost $4M in Q4 (vs $15M in Q3); stock buyback extended to $100M through Nov 2024.

## SEC filing metadata
- accession: 0001437749-24-004937
- form_type: 8-K
- ticker: XPRO
- cik: 0001575828
- company_name: EXPRO GROUP HOLDINGS N.V.
- filed_at: 2024-02-21T23:59:59+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/1575828/000143774924004937/0001437749-24-004937-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1575828/000143774924004937/fi20230428_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-004937
- JSON: https://secwatch.observer/filing/0001437749-24-004937.json
- Plain text: https://secwatch.observer/filing/0001437749-24-004937.txt

## Key facts
- Earnings Releases
  EXPRO GROUP HOLDINGS N.V. reported the quarter and year ended December 31, 2023 results: revenue $407 million for the fourth quarter, net income Net loss of $12 million for the fourth quarter, EPS $0.11 per diluted share.
  - Period: the quarter and year ended December 31, 2023
  - Revenue: $407 million for the fourth quarter
  - Net income: Net loss of $12 million for the fourth quarter
  - EPS: $0.11 per diluted share
  - Result: reported results
  source text: FOURTH QUARTER AND FULL YEAR 2023 RESULTS Strong operational performance and profitable growth driven by a rebound of NLA activity and acquisition of PRT Offshore. Revenue of $407 million for the fourth quarter, up 10% sequentially. Revenue of $1,513 million for the full year, up 18% year-over-year. Net loss of $12 million for the fourth quarter as compared to net
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575828/000143774924004937/0001437749-24-004937-index.htm

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