Overview

* NPK Q2 2025 revenue rises 2% yr/yr, beating analyst expectations, per LSEG data

* Record rental revenues grow 34% yr/yr, driven by utility market demand

* Company raises full-year revenue and EBITDA guidance for fiscal 2025

Outlook

* NPK raises full-year 2025 revenue guidance to $250 mln-$260 mln

* Company expects full-year 2025 adjusted EBITDA of $68 mln-$74 mln

* NPK anticipates strong demand in utility and infrastructure markets

* Company sees continued momentum into second half of 2025

Result Drivers

* RENTAL REVENUE GROWTH - 34% increase in rental revenues driven by strong demand in utility and critical infrastructure end-markets

* UTILITY PROJECTS - Large-scale utility projects contributed to longer contract durations and increased revenue visibility

* COST OPTIMIZATION - Company focused on improving operating efficiency and optimizing costs, despite elevated SG&A expenses

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $68.20 $59.60

Revenue mln mln (5

Analysts

)

Q2 Net $8.68

Income mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "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 NPK International Inc ( NPKI ) is $12.00, about 27.7% above its August 4 closing price of $8.68

* The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release:

(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.)