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.
Revenue of $397 million, up 17% sequentially and up 27% year-over-year.
Net income of $9 million, up sequentially from net loss of $6 million and up year-over-year from net loss of $4 million.
Adjusted EBITDA of $72 million, up 71% sequentially and up 40% year-over-year.
Reaffirms positive business outlook and full-year guidance range for revenue of $1,450 million to $1,550 million, Adjusted EBITDA of $275 million to $325 million, and Adjusted EBITDA margin of 19% to 21%.
Expro reaffirms its full-year guidance range for revenue of $1,450 million to $1,550 million, Adjusted EBITDA of $275 million to $325 million, and Adjusted EBITDA margin of 19% to 21%.
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