{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-014731","form_type":"8-K","ticker":"XPRO","cik":"0001575828","company_name":"EXPRO GROUP HOLDINGS N.V.","filed_at":"2026-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.498415+00:00","generated_at":"2026-05-14T23:22:11.229439+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Expro announces $215M acquisition of Enhanced Drilling, Q1 revenue $368M, reaffirms FY guidance","bullets":["Acquires Enhanced Drilling for ~2B NOK ($215M) cash, adding MPD technology and $275M backlog; close expected Q3 2026.","Q1 revenue $368M, net loss $1M, Adjusted EBITDA $63M (17.1% margin); repurchased $20M shares.","FY2026 guidance reaffirmed: revenue $1.6-1.65B, Adj. EBITDA $355-375M, adj. FCF $125-145M (excl. acquisition).","Middle East disruptions may impact Q2 revenue by ~$10-15M; no change to full-year outlook.","Redomicile from Netherlands to Cayman Islands to be voted on June 10, 2026, expected to close July 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-014731","json":"https://secwatch.observer/filing/0001437749-26-014731.json","markdown":"https://secwatch.observer/filing/0001437749-26-014731.md","text":"https://secwatch.observer/filing/0001437749-26-014731.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1575828/000143774926014731/0001437749-26-014731-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1575828/000143774926014731/xpro20260127_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T23:22:11.229439+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ee17641beffd6119adaf15f14d655c23f3a33489","claim":"EXPRO GROUP HOLDINGS N.V. reported the three months ended March 31, 2026 results: revenue $368 million, net income Net loss of $1 million. Guidance reaffirmed.","evidence_excerpt":"revolving credit facility • Acquisition expected to close during the third quarter of 2026, subject to customary closing conditions First Quarter 2026 Highlights • Revenue was $368 million • Net loss of $1 million • Adjusted EBITDA 1 of $63 million with an Adjusted EBITDA margin 1 of 17.1% • Cash flow from operations of $25 million, or 7% of revenues • Adjusted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1575828/000143774926014731/0001437749-26-014731-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2026"},{"label":"Revenue","value":"$368 million"},{"label":"Net income","value":"Net loss of $1 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}