Expro reports Q2 adjusted EPS 30c, consensus 19c

Reports Q2 revenue $422.74M, consensus $396.82M. Michael Jardon, CEO, noted “We are pleased to report strong second quarter financial results, reflecting the continued resilience of our business and outstanding performance of our team. Second quarter Adjusted EBITDA margin of 22% represents our best second quarter performance ever and third consecutive quarter of margins at the highest levels in the company’s history. Additionally, we generated adjusted free cash flow of $36 million, and we remain committed to returning approximately one-third of our adjusted free cash flow, or ~$40 million, to shareholders annually.”