Acuren Corporation ( (TIC) ) has released its Q2 earnings. Here is a breakdown of the information Acuren Corporation presented to its investors.
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Acuren Corporation is a prominent provider of tech-enabled Testing, Inspection, Certification, and Compliance (TICC) services and asset integrity solutions, primarily operating in North America across diverse markets such as industrials, infrastructure, energy, and renewables.
In its second quarter of 2025 earnings report, Acuren Corporation announced a revenue of $313.9 million, marking a 1.5% increase from the previous year, driven by strong callout work and organic growth. The company also completed a significant merger with NV5 Global, Inc., establishing itself as a leading $2 billion TICC and engineering services provider.
Key financial highlights include a slight net loss reduction to $0.2 million from $5.5 million the previous year, and an Adjusted EBITDA of $54.6 million, reflecting a margin of 17.4%. The merger with NV5 is expected to enhance Acuren’s service offerings and market reach, providing substantial opportunities for cross-selling and operational optimization.
Looking forward, Acuren Corporation is focused on integrating NV5’s capabilities and expanding its geographic reach, aiming to drive sustainable growth and deliver exceptional value to stakeholders. The company plans to update its financial outlook in the third quarter of 2025, reflecting the combined business’s performance and strategic direction.