secwatch.observer — SEC 8-K summary
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Issuer:     EXPRO GROUP HOLDINGS N.V. (XPRO)
CIK:        0001575828
Form:       8-K
Filed at:   2025-02-25T23:59:59+00:00
Accession:  0001437749-25-004969
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expro Q4 revenue $437M (+7% YoY), Adj EBITDA $100M (23% margin); FY net income $52M vs loss in 2023
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575828/000143774925004969/0001437749-25-004969-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575828/000143774925004969/fi20240803_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-004969

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