Expro Group Expects Q2 Revenue To Reflect Approximately 20% Y/Y Growth And Sequential Growth Of 8%
Portfolio Pulse from Benzinga Newsdesk
Expro Group anticipates a 20% year-on-year increase in Q2 revenue and an 8% sequential growth, with Adjusted EBITDA Margin expected to be between 20% to 21%, marking a 200 to 300 basis points increase both year-on-year and sequentially.
April 25, 2024 | 11:19 am
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Expro Group expects significant growth in Q2 revenue by 20% Y/Y and 8% sequentially, with an improved Adjusted EBITDA Margin of 20-21%.
The anticipated growth in revenue and improvement in Adjusted EBITDA Margin are positive indicators of Expro Group's financial health and operational efficiency. This expected performance is likely to be viewed positively by investors, potentially leading to an increase in stock price in the short term.
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