NPK International Inc. reported a strong fourth quarter and full year 2024 results, with a focus on site-access and specialty rental solutions after a business streamlining. The company's Q4 revenue increased by 24% and Adjusted EBITDA increased by 35%, driven by record rental revenue and improved gross margin. The company has also introduced financial guidance for the full-year 2025.
Revenues of $57.5 million, a 24% increase year-over-year.
Operating income from continuing operations of $11.6 million.
Adjusted EBITDA from Continuing Operations of $17.1 million, a 35% increase year-over-year.
The company launched its new brand identity, NPK International, during the quarter.
For the full year 2025, NPK anticipates revenues in a range of $230 million to $250 million and Adjusted EBITDA in a range of $60 million to $70 million. Capital expenditures are expected to be between $35 million to $40 million.
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