Earnings ·
Expro Ltd reported second quarter 2026 results with revenue of $393 million, net income of $2 million, and adjusted…
XPROExpro Ltd
Expro Ltd reported second quarter 2026 results with revenue of $393 million, net income of $2 million, and adjusted EBITDA of $76 million. The company repurchased approximately $20 million of shares and completed the acquisition of Enhanced Drilling for approximately $215 million. Management updated full-year 2026 guidance, lowering revenue expectations to $1,600–$1,650 million due to persistent Middle East conflict impacts, while maintaining adjusted EBITDA guidance of $355–$365 million. Expro operates in the oil and gas energy services industry, providing well construction, flow management, and subsea solutions.