Expro Group Holdings N.V. ( (XPRO) ) has released its Q2 earnings. Here is a breakdown of the information Expro Group Holdings N.V. presented to its investors.
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Expro Group Holdings N.V. is a leading provider of energy services, specializing in well construction, well flow management, subsea well access, and well intervention and integrity solutions, serving clients in both onshore and offshore environments across more than 50 countries.
Expro Group Holdings N.V. reported strong financial results for the second quarter of 2025, surpassing expectations for the third consecutive quarter. The company’s revenue reached $423 million, exceeding its guidance range, and it achieved a net income of $18 million with a 4% net income margin.
Key financial highlights include an adjusted EBITDA of $94 million, marking a record-high margin of 22%, and a free cash flow of $27 million. The company also reported a significant order backlog of $2.3 billion and reaffirmed its full-year guidance with expected revenues of around $1.7 billion and adjusted EBITDA of at least $350 million.
Expro continues to focus on operational execution and innovation, introducing new technologies like the BRUTE® Armor Packer and the Remote Clamp Installation System. These advancements, along with strategic contracts in regions like Guyana and Mexico, position the company for continued growth.
Looking ahead, Expro remains committed to its financial targets and shareholder returns, with plans to return approximately one-third of its adjusted free cash flow to shareholders. The company is poised to capitalize on its diverse geographic footprint and innovative service offerings to drive future success.