Expro Group Holdings N.V. Q2 Profit Increases, Beats Estimates

(RTTNews) - Expro Group Holdings N.V. (XPRO) reported a profit for its second quarter that Increased from last year and beat the Street estimates.

The company's earnings came in at $18 million, or $0.16 per share. This compares with $15.286 million, or $0.13 per share, last year.

Excluding items, Expro Group Holdings N.V. reported adjusted earnings of $34.251 million or $0.30 per share for the period.

Analysts on average had expected the company to earn $0.19 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 10.0% to $422.740 million from $469.642 million last year.

Expro Group Holdings N.V. earnings at a glance (GAAP) :

-Earnings: $18 Mln. vs. $15.286 Mln. last year. -EPS: $0.16 vs. $0.13 last year. -Revenue: $422.740 Mln vs. $469.642 Mln last year.

Looking ahead, for the full-year 2025, the company has reaffirmed its guidance. The Group still expects adjusted EBITDA of at least $350 million, on revenue of around $1.7 billion.

For fiscal 2024, the company had recorded adjusted EBITDA of $347 million on revenue of $1.713 billion.

XPRO was up by 12.78% at $10.15 in the pre-market trade on the New York Stock Exchange.