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03.11.25 - 22:36
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Innovex Announces Third Quarter 2025 Results (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Innovex International, Inc. (NYSE: INVX) (“Innovex,” the “Company” or “we”) today announced financial and operating results for the third quarter of 2025.
Third Quarter Highlights
Revenue of $240 million, up 7% quarter over quarter
Net Income of $39 million, net income margin of 16%
Adjusted EBITDA1 of $44 million and Adjusted EBITDA Margin1 of 18%
Net Cash Provided by Operating Activities of $48 million
Free Cash Flow1 of $37 million
Income from Operations of $134 million (twelve months ended September 30, 2025)
Return on Capital Employed1 of 13%
Closed on sale of legacy Dril-Quip Eldridge Facility for $90.0 million
Signed agreement to become exclusive subsea wellhead provider for OneSubsea
(1)
Adjusted EBITDA, Adjusted EBITDA Margin, Free Cash Flow and Return on Capital Employed (“ROCE”) are non-GAAP measures. Reconciliations of Adjusted EBITDA to net income, Free Cash Flow to net cash provided by operating activities and ROCE to income from operations, the most...
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24.10.25 - 15:06
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Innovex International, Inc. Schedules Third Quarter 2025 Earnings Release and Conference Call (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Innovex International, Inc. (NYSE: INVX), (the “Company” or “Innovex”) announced today that it will release its third quarter 2025 earnings results on November 3, 2025, following the close of the U.S. financial markets.
Management will host a conference call and a webcast to discuss the financial results on November 4, 2025, at 10:00 a.m. Eastern Daylight Time / 9:00 a.m. Central Daylight Time. The call is open to all interested parties and may include forward-looking information.
To access the call, please dial in approximately ten minutes before the start of the call.
Conference Call and Webcast Details
Date / Time: November 4, 2025 - 9:00 AM Central Time
Webcast: https://events.q4inc.com/attendee/627013927
U.S. Toll-Free Dial-In: (800) 715-9871
International Dial-In: +1 (646) 307-1963
Conference ID: 6263613
For those unable to participate in the live call, an audio replay will be available following the call through midnight Tuesday, November 11, 2025. To access the re...
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05.08.25 - 22:33
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Innovex Announces Second Quarter 2025 Results (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Innovex International, Inc. (NYSE: INVX) (“Innovex,” the “Company” or “we”) today announced financial and operating results for the second quarter of 2025.
Second Quarter Highlights
Revenue of $224 million, down 7% quarter over quarter
Net Income of $15 million, net income margin of 7%
Adjusted EBITDA1 of $47 million and Adjusted EBITDA Margin1 of 21%
Net Cash Provided by Operating Activities of $59 million
Free Cash Flow1 of $52 million
Income from Operations of $58 million (twelve months ended June 30, 2025)
Return on Capital Employed1 of 13%
Closed on acquisition of Citadel Casing Solutions, LLC (“Citadel”)
As of June 30, 2025, we have repurchased 624,531 shares of Innovex common stock at an average price of $14.89 per share
(1)
Adjusted EBITDA, Adjusted EBITDA Margin, Free Cash Flow and Return on Capital Employed (“ROCE”) are non-GAAP measures. Reconciliations of Adjusted EBITDA to net income, Free Cash Flow to net cash provided by operating activities and...
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28.07.25 - 22:09
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Innovex International, Inc. Schedules Second Quarter 2025 Earnings Release and Conference Call (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Innovex International, Inc. (NYSE: INVX), (the “Company” or “Innovex”) announced today that it will release its second quarter 2025 earnings results on August 5, 2025, following the close of the U.S. financial markets.
Management will host a conference call and webcast to discuss the financial results on August 6, 2025, at 10:00 a.m. Eastern Daylight Time / 9:00 a.m. Central Daylight Time. The presentation is open to all interested parties and may include forward-looking information.
Please dial in approximately ten minutes before the start of the call.
Conference Call and Webcast Details
Date / Time: August 6, 2025 - 9:00 AM Central Time
Webcast: https://events.q4inc.com/attendee/784692250
U.S. Toll-Free Dial-In: (800) 715-9871
International Dial-In: +1 (646) 307-1963
Conference ID: 1774704
For those unable to participate in the live call, an audio replay will be available following the call through midnight Wednesday, August 13, 2025. To access the replay, please call (...
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02.06.25 - 15:24
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Innovex Expands Platform With Highly Accretive Acquisition of Citadel Casing Solutions (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Innovex International, Inc. (NYSE: INVX) (the “Company” or “Innovex”) is pleased to announce that it has completed the acquisition of Citadel Casing Solutions, LLC (“Citadel”), leveraging its unique, energy industrial platform. This investment meets all the criteria of the Company's disciplined M&A framework, including a focus on single-use, highly engineered products that share the Company's “Big Impact, Small Ticket” value proposition.
Founded in 2016 by a team of industry experts, Citadel is a leading provider of differentiated downhole technologies which are designed to improve its customers' economics by driving reduced cycle times through improved operational efficiencies.
The acquisition is financially attractive even prior to expected synergies. The transaction values Citadel at approximately 3.8x LTM Adjusted EBITDA1 and is 8% accretive to Innovex's EPS2. Innovex anticipates realizing approximately $2 million of cost synergies within 3 months and anti...
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22.05.25 - 01:00
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Israel′s edge computing players target AI hardware market (Digitimes)
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Israeli technology firms are staking their claim in the global artificial intelligence hardware market with specialized offerings that address critical challenges in edge computing and data center infrastructure at InnoVEX 2025, highlighting the country's growing influence in AI hardware development....
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06.05.25 - 22:33
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Innovex Announces First Quarter 2025 Results (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Innovex International, Inc. (NYSE: INVX) (“Innovex,” the “Company” or “we”) today announced financial and operating results for the first quarter of 2025.
First Quarter Highlights
Revenue of $240 million, down 4% quarter over quarter
Net Income of $15 million, net income margin of 6%
Adjusted EBITDA1 of $46 million and Adjusted EBITDA Margin1 of 19%
Net Cash Provided by Operating Activities of $31 million
Free Cash Flow1 of $24 million
Income from Operations of $22 million
Return on Capital Employed1 of 12%
Closed on acquisition of SCF Machining Corporation (“SCF”)
Completed first successful installation of VXTeTM Self-Orientating Vertical Tree
Key Subsequent Events
Entered into a definitive agreement to sell the legacy Dril-Quip Eldridge facility for $95 million.
As of May 5, 2025, we have repurchased 395,234 shares of Innovex common stock at an average price of $14.94 per share
(1)
Adjusted EBITDA, Adjusted EBITDA Margin, Free Cash Flow and Return on Capital Emp...
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25.04.25 - 22:39
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Innovex International, Inc. Announces Divestiture of the Dril-Quip Eldridge Campus - a Significant Business Transformation Milestone - and Provides Business Update (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Innovex International, Inc. (NYSE: INVX) (the “Company” or “Innovex”) announced its entry into a definitive agreement to sell its facility located at 6401 North Eldridge Pkwy, Houston, Texas 77041 (the “Property”). The sale price for the Property is $95.0 million, subject to adjustments, and the sale is expected to close in the third quarter of 2025.
As further described in the purchase and sale agreement (the “Purchase Agreement”) with BIG Acquisitions LLC (the “Purchaser”), Innovex intends to enter into a short-term lease of the Property in connection with the sale to allow for completion of ongoing facility consolidation initiatives, ensuring no disruption to customer deliveries. The sale is subject to customary closing conditions.
Adam Anderson, CEO of Innovex, commented, “The sale of the Eldridge campus represents a significant milestone in our ongoing transformation of the Dril-Quip business. The expected proceeds from the sale of this facility represe...
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24.02.25 - 22:12
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Innovex International, Inc. Schedules Fourth Quarter 2024 Earnings Release and Conference Call (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Innovex International, Inc. (NYSE: INVX), (the “Company” or “Innovex”) announced today that it will release its fourth quarter and full year 2024 earnings results on February 25, 2025, after the close of the U.S. financial markets.
Management will host a conference call and a webcast to discuss the financial results on February 26, 2025, at 10:00 a.m. Eastern Daylight Time / 9:00 a.m. Central Daylight Time. The presentation is open to all interested parties and may include forward-looking information.
To access the call, please dial in approximately ten minutes before the start of the call.
Conference Call and Webcast Details
Date / Time: February 26, 2025 - 9:00 AM Central Time
Webcast: https://events.q4inc.com/attendee/250443617
U.S. Toll-Free Dial-In: (800) 715-9871
International Dial-In: +1 (646) 307-1963
Conference ID: 1774704
For those unable to participate in the live call, an audio replay will be available following the call through midnight Wednesday, March 5, 20...
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