earnings
confidence high
sentiment positive
materiality 0.80
Expro Q4 revenue $437M (+7% YoY), Adj EBITDA $100M (23% margin); FY net income $52M vs loss in 2023
EXPRO GROUP HOLDINGS N.V.
2024-FY EPS reported
$0.45
revenue$1,712,802,000
- Q4 revenue $437M (+3% QoQ, +7% YoY); full-year revenue $1,713M (+13% YoY).
- Q4 Adj EBITDA $100M (23% margin), up 18% QoQ and YoY; FY Adj EBITDA $347M (+40% YoY, 20% margin).
- Q4 net income $23M ($0.19 EPS) vs. Q3 $16M and Q4 2023 net loss $12M; FY net income $52M vs. FY23 net loss $23M.
- Board extended $100M stock repurchase program; repurchased 1.2M shares (~1% of shares outstanding) in Q4 for $14M.
- FY 2025 outlook: revenue flat to modestly up; Adj EBITDA margin >100 bps improvement; Q1 revenue ~15% down sequentially.