earnings
confidence high
sentiment neutral
materiality 0.65
Expro Q1 revenue $383M, net loss $3M; reaffirms FY2024 guidance
EXPRO GROUP HOLDINGS N.V.
2025-Q1 EPS reported
-$0.02
revenue$383,489,000
- Revenue $383M, down 6% sequentially, up 13% YoY; net loss $3M ($0.02/share) vs Q4 loss $12M.
- Adjusted EBITDA $67M (18% margin), down 20% seq; adjusted net income $10M ($0.09/share).
- NLA segment revenue $130M (-10% seq); ESSA down 9%; MENA up 9% to $71M; APAC down 4%.
- Reaffirms FY2024 guidance: revenue $1.6-1.7B, Adj. EBITDA $325-375M (20-22% margin).
- Pending Coretrax acquisition (expected Q3'24) and completed PRT Offshore acquisition noted.