secwatch.observer — SEC 8-K summary
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Issuer:     EXPRO GROUP HOLDINGS N.V. (XPRO)
CIK:        0001575828
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001437749-24-013113
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expro Q1 revenue $383M, net loss $3M; reaffirms FY2024 guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575828/000143774924013113/0001437749-24-013113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575828/000143774924013113/fi20240227_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-013113

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