NYSE$XPRO
Expro Group Holdings NV · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Frank's International demonstrated robust momentum and strong growth in revenue and profitability.
Frank's International reported a strong second quarter with revenue of $107.8 million, a net loss of $12.6 million, and Adjusted EBITDA of $12.4 million. The company saw revenue improvement across all segments and product lines, with U.S. Gulf of Mexico business growing by more than 20%. Adjusted EBITDA margins reached 12%, the highest since 2016.
- Second quarter revenue was $107.8 million, a 14% increase from the first quarter of 2021 and a 25% increase from the second quarter of 2020.
- Net loss improved to $12.6 million from a prior quarter net loss of $23.9 million.
- Adjusted EBITDA was $12.4 million, an 85% improvement compared to the prior quarter.
- Adjusted EBITDA margins were 12%, driven by cost improvement activities and higher margin technology packages.
Headline financials
Revenue & EPS history
Frank's International · Revenue · Quarterly
$108M
Forward guidance
Frank’s International anticipates activity levels will continue to ramp up in the second half of this year and the Company will experience incremental financial improvements on all fronts. The merger with Expro Group is expected to close by the end of the third quarter.
Tailwinds
- Activity levels are expected to continue to ramp up in the second half of the year.
- The Company anticipates incremental financial improvements on all fronts.
- Strategic growth in key areas.
- Focus on controlling costs.
- Targeted investments on the technology front.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
-0.4%
Avg return
Earnings day
-1.9%
Avg return
5 days after
-2.3%
Avg return
30 days after
57%
21 / 37 earnings
Positive
+17.0%
Q4 2020
Best reaction
-17.4%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.2% | -14.8% | -8.1% | |
| Q4 2025 | +6.1% | +5.9% | -0.6% | |
| Q3 2025 | +0.1% | +2.7% | +2.1% | |
| Q1 2025 | +2.9% | -0.7% | +3.5% | |
| Q4 2024 | -0.4% | -8.7% | -19.0% | |
| Q3 2024 | -8.8% | -13.7% | -10.1% | |
| Q2 2024 | +1.1% | -5.8% | -13.2% | |
| Q1 2024 | +3.8% | -2.4% | +12.7% | |
| Q4 2023 | +0.5% | -3.7% | +1.3% | |
| Q3 2023 | -17.4% | -21.8% | -21.5% | |
| Q2 2023 | -5.5% | -3.7% | -0.4% | |
| Q1 2023 | -5.2% | -1.7% | +0.9% | |
| Q4 2022 | +4.1% | +15.1% | -10.3% | |
| Q3 2022 | +2.2% | +3.7% | +1.8% | |
| Q2 2022 | -3.1% | +9.5% | +17.9% | |
| Q1 2022 | -8.5% | -21.8% | -7.8% | |
| Q4 2021 | -1.6% | +8.5% | +11.0% | |
| Q3 2021 | +2.4% | +1.3% | -22.7% | |
| Q2 2021 | +4.5% | +6.4% | +13.2% | |
| Q1 2021 | +1.4% | +6.6% | -7.1% | |
| Q4 2020 | +17.0% | +30.5% | +2.9% | |
| Q3 2020 | +2.7% | -8.2% | +45.1% | |
| Q2 2020 | +0.8% | +12.6% | +0.8% | |
| Q1 2020 | +7.0% | -8.9% | +32.2% | |
| Q3 2019 | +0.4% | +2.4% | -8.1% | |
| Q2 2019 | +0.8% | -6.0% | -13.0% | |
| Q1 2019 | -6.6% | -0.5% | -0.7% | |
| Q3 2018 | +5.5% | +7.2% | -9.8% | |
| Q2 2018 | +2.6% | -1.5% | -5.6% | |
| Q1 2018 | -2.3% | -0.8% | +0.9% | |
| Q4 2017 | -1.9% | -16.8% | -13.9% | |
| Q3 2017 | +5.9% | +3.3% | -2.4% | |
| Q2 2017 | -8.9% | -10.5% | -17.0% | |
| Q1 2017 | +2.1% | -2.9% | -12.1% | |
| Q4 2016 | -0.9% | -2.3% | -19.9% | |
| Q3 2016 | -1.1% | -5.7% | +11.7% | |
| Q2 2016 | -16.4% | -21.4% | -20.0% | |
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| Q4 2011 | — | — | — | |
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| Q2 2012 | — | — | — | |
| Q4 2012 | — | — | — |
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