6/104 sources · 3 publishersUpdated Oct 30, 13:18 UTC
Innovex International posts 10% revenue growth in Q3 but net income declines
+2 new sources since this summary was written
Innovex International reported third‑quarter revenue of about $265 million, up 10% year‑over‑year. Net income fell to roughly $26 million, down from $39 million a year earlier. Adjusted EBITDA was $55 million and free cash flow reached $32 million. The company guided Q4 revenue between $260 million and $270 million.
Why it matters
The revenue increase shows top‑line momentum, but the drop in net income signals weaker profitability, which may pressure the stock. The Q4 revenue guidance gives investors a near‑term outlook for earnings expectations.
Key facts
- 1Q3 revenue was $265 million. stocktitan.net
- 2Q3 revenue was $265.1 million. finance.yahoo.com
- 3Q3 net income was $26.286 million. stocktitan.net
- 4Q3 net income was $26.3 million. finance.yahoo.com
- 5Adjusted EBITDA for Q3 was $55 million. stocktitan.net
- 6Free cash flow for Q3 was $32 million. stocktitan.net
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.