Expro Group Holdings N.V. delivered solid third-quarter results, with revenue of $411 million and a net income of $14 million. The company demonstrated strong operational excellence, achieving an Adjusted EBITDA of $94 million and an Adjusted EBITDA margin of 22.8%. Free cash flow was robust at $39 million, with Adjusted free cash flow reaching $46 million, representing an 11% margin. Expro also returned $25 million to shareholders through share repurchases and increased its full-year guidance for Adjusted EBITDA and Adjusted Free Cash Flow, reflecting confidence in its business resilience despite a softer market.
Expro Group Holdings N.V. announced solid first quarter 2025 results, with revenue of $391 million and Adjusted EBITDA of $76 million, representing the highest first quarter Adjusted EBITDA since the Expro/Frank’s merger in late 2021. Despite a sequential decrease in revenue and Adjusted EBITDA compared to Q4 2024 due to seasonality and activity mix, the company improved its Adjusted EBITDA margin year-over-year.
Expro reported a solid fourth quarter with revenue of $437 million, a 7% increase year-over-year. Adjusted EBITDA was $100 million with a margin of 23%. Net income was $23 million, or $0.19 per diluted share. The company also repurchased 1.2 million shares for $14 million and extended its stock repurchase program.
Expro Group Holdings N.V. reported revenue of $423 million, a 14% increase year-over-year, and a net income of $16 million for Q3 2024. The company is refining its full-year 2024 guidance to $1.72 to $1.75 billion in revenue and $335 to $350 million in Adjusted EBITDA.
Expro Group Holdings N.V. reported strong second quarter results with revenue of $470 million, a 22% sequential increase and an 18% year-over-year increase. Net income was $15 million, compared to a net loss of $3 million in the previous quarter and net income of $9 million in the same quarter last year. The company is increasing its full-year 2024 revenue guidance range to $1.70 to $1.75 billion and refining its full-year 2024 Adjusted EBITDA range to $350 to $375 million.
Expro Group Holdings N.V. announced first quarter 2024 results with revenue of $383 million, up 13% year-over-year. Net loss was $3 million, and Adjusted EBITDA was $67 million, up 61% year-over-year. The company reaffirmed its full-year 2024 guidance for revenue and Adjusted EBITDA.
Expro Group Holdings N.V. reported Q4 2023 revenue of $407 million, a 10% sequential increase, and a net loss of $12 million. Adjusted EBITDA was $85 million, up 70% sequentially, with an Adjusted EBITDA margin of 21%. The company anticipates revenues of between $1,600 million to $1,700 million in 2024.
Expro Group Holdings N.V. reported revenue of $370 million, a net loss of $14 million, and adjusted EBITDA of $50 million for the third quarter of 2023. The results were impacted by lower activity in NLA, suspension of vessel-deployed LWI operations, and structural challenges in the U.S. onshore market.
Expro Group Holdings N.V. announced strong Q2 2023 results with revenue of $397 million, up 17% sequentially and 27% year-over-year. Net income was $9 million, a sequential increase from a net loss of $6 million and a year-over-year increase from a net loss of $4 million. The company reaffirms its positive business outlook and full-year guidance.
Expro Group Holdings N.V. reported revenue of $339 million, a 3% decrease sequentially and a 21% increase year-over-year. Adjusted EBITDA was $42 million, down 40% sequentially and up 14% year-over-year. The company reaffirmed its full-year guidance for revenue of $1,450 million to $1,550 million and Adjusted EBITDA of $275 million to $325 million.
Expro Group Holdings N.V. reported strong Q4 2022 results with revenue of $351 million, a net income of $13 million, and adjusted EBITDA of $70 million. The company realized annualized merger-related cost synergies of approximately $66 million through the fourth quarter of 2022. They also provide 2023 revenue and Adjusted EBITDA margin outlook.
Expro Group Holdings N.V. announced strong operational performance in Q3 2022, driven by a balanced portfolio and strategic partnerships, exceeding their first-year cost synergy targets by 13% with over $60 million in savings.
Expro Group Holdings N.V. reported a revenue of $314 million for the second quarter of 2022, a 12% increase compared to the first quarter of 2022. The company reported a net loss of $4 million, or $0.04 per diluted share. Adjusted EBITDA was $51 million, a sequential increase of $14 million, or 39%.
Expro Group Holdings N.V. reported solid operational performance and encouraging financial results in the first quarter of 2022, driven by the benefits of the recently completed merger and capitalizing on its increased scale and broad portfolio.
Expro Group Holdings N.V. reported a revenue of $296 million for Q4 2021, a 50% increase compared to the previous quarter. The company's net loss was $91 million, or $0.84 per common share, but adjusted net loss, excluding certain items, was $4 million, or a $0.03 loss per common share. Adjusted EBITDA was $51 million, a 61% sequential increase.
Expro Group Holdings N.V. reported financial results for Legacy Expro and Frank’s International N.V. for the three months ended September 30, 2021. Third quarter pro forma combined company revenue was $312.5 million, an increase of 10% sequentially.
Frank's International reported a strong second quarter with revenue of $107.8 million, a net loss of $12.6 million, and Adjusted EBITDA of $12.4 million. The company saw revenue improvement across all segments and product lines, with U.S. Gulf of Mexico business growing by more than 20%. Adjusted EBITDA margins reached 12%, the highest since 2016.
Frank's International N.V. reported a revenue of $96.3 million for Q4 2020, a 14.1% increase over the prior period. The company's net loss was $8.2 million, an improvement of more than 70% over the prior period. Adjusted EBITDA for Q4 2020 was $4.6 million, and free cash flow was $11.6 million.