secwatch.observer — SEC 8-K summary
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Issuer:     EXPRO GROUP HOLDINGS N.V. (XPRO)
CIK:        0001575828
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0001437749-24-031956
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expro Q3 revenue $423M (-10% seq, +14% YoY); net income $16M; guides FY rev $1.72-1.75B
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- Revenue $423M, down 10% sequentially from $470M, up 14% YoY.
- Net income $16M ($0.14 diluted EPS) vs $15M Q2; adj net income $28M ($0.23).
- Adjusted EBITDA $85M (20% margin), down 10% seq, up 69% YoY; includes $7M Congo losses.
- Guides FY rev $1.72-1.75B, Adj EBITDA $335-350M, margin ~20%; Q4 rev $440-470M.
- Backlog ~$2.3B; cash $167M, liquidity $303M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575828/000143774924031956/0001437749-24-031956-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575828/000143774924031956/fi20240824_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-031956

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