• Expro first-quarter 2026 earnings call drew Chief Executive Officer Michael Jardon, Chief Financial Officer Sergio L. Maiworm, Vice President-Investor Relations Dave Wilson; analysts included Goldman Sachs’ Caitlin Donohue, Barclays’ Edward Kim, Pickering Energy Partners’ Keith Beckmann, Daniel Energy Partners’ Joshua Jayne, Piper Sandler’s Derek Podhaizer.
• Quarter posted revenue USD 368 million, adjusted EBITDA USD 63 million for 17% margin; adjusted free cash flow USD 3 million, hit by working-capital moves tied to accounts receivable and prepaids.
• Management kept 2026 guidance unchanged; assumed Middle East conflict resolves by end-2Q, implying USD 10 million to USD 15 million 2Q revenue impact with elevated EBITDA decrementals, about 1% of full-year revenue when combined with 1Q effects.
• Expro announced acquisition of Enhanced Drilling for NOK 2 billion, about USD 215 million; expected to add more than USD 50 million to annual run-rate adjusted EBITDA, carry adjusted EBITDA margins above 30%, bring over USD 275 million of order backlog, close in 3Q.
• Drive 25 cost program now near USD 40 million of annualized savings versus original USD 25 million target; management flagged structural reductions expected to support operating leverage through 2H 2026 ramp.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Expro Group Holdings NV published the original content used to generate this news brief on May 05, 2026, and is solely responsible for the information contained therein.