Expro Group Holdings N.V. (NYSE: XPRO) reported its financial results for the second quarter of 2025, showing a strong performance with revenue reaching $423 million, surpassing the company's guidance range of $410 million. The company achieved a net income of $18 million, representing a net income margin of 4%. The adjusted EBITDA stood at $94 million, exceeding the top-end of the guidance range of $90 million, with an adjusted EBITDA margin of 22%, marking a record high for the third consecutive quarter. Expro reaffirmed its full-year guidance, projecting revenues of approximately $1.7 billion and an adjusted EBITDA of at least $350 million. The company also remains committed to returning around one-third of its adjusted free cash flow to shareholders in 2025, which was approximately $40 million. In the second quarter, Expro generated adjusted free cash flow of $36 million. The North and Latin America segment saw an increase in revenue to $143 million, up $8 million or 6% from the previous quarter, primarily due to higher business activity. The company highlighted achieving the highest new order awards in its history, reflecting customer trust and commitment to safety, service quality, and cost-effective solutions.
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