XPRO - Expro Group Non-GAAP EPS of $0.01 misses by $0.15 revenue of $339.28M beats by $0.57M
2023-05-04 07:27:47 ET
- Expro Group press release ( NYSE: XPRO ): Q1 Non-GAAP EPS of $0.01 misses by $0.15 .
- Revenue of $339.28M (+21.0% Y/Y) beats by $0.57M .
- Adjusted EBITDA margin 1 of 12% (16% excluding LWI-related costs), down sequentially from 20% (21% excluding LWI-related costs) and down year-over-year from 13% (14% excluding LWI-related costs)
- 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%
- Completed acquisition of DeltaTek, expanding the Company's offering to include low-risk, open-water cementing solutions, and repurchased approximately $10 million of outstanding common stock.
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Expro Group Non-GAAP EPS of $0.01 misses by $0.15, revenue of $339.28M beats by $0.57M