Brief: Innovex International Q2 Revenue USD 224.234 Million

Innovex International

05/08/2025 21:30

Overview

Innovex Q2 revenue falls 7% qtr/qtr, missing analyst expectations

Adjusted EBITDA for Q2 beats analyst estimates, reflecting strong profitability

Outlook

Innovex expects Q3 2025 revenue of $230 - $240 mln

Company anticipates Q3 2025 Adjusted EBITDA of $40 - $45 mln

Result Drivers

CITADEL ACQUISITION - Acquisition of Citadel Casing Solutions contributed new technologies and customer relationships, aiding organic growth

FLEXIBLE SUPPLY CHAIN - Co's diversified supply chain and capital-light model helped maintain margins and increase free cash flow despite revenue decline

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$224.23 mln
$230 mln (1 Analyst)
Q2 Net Income
$15.34 mln
Q2 Adjusted EBITDA
Beat
$46.64 mln
$42.90 mln (1 Analyst)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the oil related services and equipment peer group is "buy."

Wall Street's median 12-month price target for Innovex International Inc is $20.00, about 20.1% above its August 4 closing price of $15.98

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBw3DHvCKa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)