Innovex Announces First Quarter 2025 Results

About this update from Innovex International, Inc.

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1753,"height":379,"url":"https://media.zenfs.com/en/business-wire.com/326000fa5543c28e32e91bad9abef630"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ppHkb6Wj70a1nAZS.QKgbg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTIwODtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/326000fa5543c28e32e91bad9abef630","width":960,"height":208},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/Pyhll_HcHP6dXWB7u_9uaQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD01MTg7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/326000fa5543c28e32e91bad9abef630","width":1200,"height":259}},"lazy":false},{"type":"text","content":"HOUSTON, May 06, 2025--(BUSINESS WIRE)--Innovex International, Inc. (NYSE: INVX) ("Innovex," the "Company" or "we") today announced financial and operating results for the first quarter of 2025.","length":224,"tagName":"p"},{"type":"text","content":"First Quarter Highlights","length":24,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue of $240 million, down 4% quarter over quarter","length":53,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net Income of $15 million, net income margin of 6%","length":50,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA1 of $46 million and Adjusted EBITDA Margin1 of 19%","length":66,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net Cash Provided by Operating Activities of $31 million","length":56,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Free Cash Flow1 of $24 million","length":30,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Income from Operations of $22 million","length":37,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Return on Capital Employed1 of 12%","length":34,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Closed on acquisition of SCF Machining Corporation ("SCF")","length":68,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Completed first successful installation of VXTeTM Self-Orientating Vertical Tree","length":80,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":474,"olType":false},{"type":"text","content":"Ke...

More updates from Innovex International, Inc.