earnings
confidence high
sentiment positive
materiality 0.65
Expro Q1 revenue $391M, Adj EBITDA $76M (best Q1 since merger); guides Q2 rev $400-410M
EXPRO GROUP HOLDINGS N.V.
2025-Q1 EPS reported
$0.12
revenue$390,872,000
- Q1 2025 revenue $391M (-11% sequentially); net income $14M ($0.13 diluted EPS); adjusted net income $29M ($0.25).
- Adjusted EBITDA $76M, margin 20% (vs. 18% in Q1 2024); highest first-quarter Adj EBITDA since 2021 merger.
- Q2 2025 guidance: revenue $400-410M, Adj EBITDA $80-90M.
- Notable: $272M in new contract awards; $50M TRS in Gulf of America, $35M Brazil, $15M Indonesia.
- Cash $180M, debt $121M, liquidity $316M; capex $33M in Q1, plan $90-100M for rest of 2025.