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NPK International Inc (NPKI) delivers essential products and technical services for energy and industrial markets worldwide. This news hub provides investors and industry professionals with timely updates on corporate developments, strategic initiatives, and operational milestones.
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NPK International (NYSE: NPKI) has scheduled its first quarter 2025 financial results announcement for Thursday, May 1, 2025, after U.S. markets close. The company will host a conference call and webcast on Friday, May 2, 2025, at 9:30 a.m. ET to discuss the results and conduct a Q&A session.
Investors can access the webcast and presentation materials through the company's investor relations website. The conference call will be available via teleconference, with domestic dial-in at 800-715-9871 and international at 646-307-1963 (Conference ID: 8869084). A replay will be available through May 9, 2025, with domestic replay number 800-770-2030 and international 609-800-9909.
NPK International (NYSE: NPKI) has appointed Joseph A. Cutillo to its board of directors, effective March 10, 2025. Cutillo, who currently serves as CEO of Sterling Infrastructure (NASDAQ: STRL) since 2017, brings over 30 years of experience in strategy and operations related to critical infrastructure, transportation, and datacenter construction projects.
Cutillo will serve on NPK's Audit Committee, Compensation Committee, and Environmental, Social and Governance Committee. His previous experience includes leadership roles at Sterling and serving as President and CEO of Inland Pipe Rehabilitation He currently serves on the American Road and Transportation Builders Association board and the Northeastern University Civil and Environmental Engineering Industry Advisory Board.
Chairman Rose M. Robeson highlighted Cutillo's expertise in scaling businesses within critical infrastructure markets and his track record of creating shareholder value through strategic execution as valuable assets for NPK's transformation goals.
NPK International (NYSE: NPKI) reported strong Q4 2024 results with revenues of $57.5 million, up 24% year-over-year, and operating income of $11.6 million. Q4 highlights include record specialty rental revenue of $42 million and improved operating margin of 20.2%.
For full-year 2024, the company achieved revenues of $217.5 million (+5% YoY) and operating income of $32.4 million. The company maintained a strong balance sheet with $18 million in cash and $8 million in total debt as of December 31, 2024.
Looking ahead, NPK provided 2025 guidance projecting revenues between $230-250 million and Adjusted EBITDA of $60-70 million, representing 10% and 18% growth respectively at midpoint. The company plans capital expenditures of $35-40 million, with 80% allocated to rental fleet expansion.
NPK International (NYSE: NPKI) has scheduled its fourth quarter and full-year 2024 financial results announcement for February 26, 2025, after U.S. markets close. The company will host a conference call and webcast on February 27, 2025, at 9:30 a.m. ET to discuss the results and conduct a Q&A session.
The webcast and presentation materials will be accessible through the company's investor relations website. Participants can join via webcast or teleconference, with dial-in numbers provided for both domestic (800-245-3047) and international (203-518-9765) callers. The conference replay will be available until March 6, 2025.
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