Expro Publishes Q3 2026 Earnings Call Transcript
Bitget2026/11/04 23:18- Expro raised 2026 adjusted free cash flow guidance to $140 million-$150 million despite delayed fourth-quarter activity.
- The November 3, 2026, third-quarter earnings call featured CEO Michael Jardon, CFO Sergio L. Maiworm and investor relations chief Dave Wilson.
- Fourth-quarter adjusted EBITDA expectations fell approximately $20 million as Gulf subsea operations and Colombian intervention work shifted into 2027.
- Management preliminarily expects mid-teens adjusted EBITDA growth in 2027, with adjusted free cash flow increasing more than 20%.
- Third-quarter revenue reached $440 million; adjusted EBITDA totaled $91 million, representing a 21% margin.
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