NPKI News & Events

Equity indices traded notably higher for the second consecutive session on Wednesday as Technology - both hardware AND infrastructure software - continued to reclaim the leadership mantle from the "heavy asset" group preferred by investors fretting over AI disruption this month.  In turn, Industrials and Staples underperformed today as traders booked profits and rotated back into Growth, with Real Estate also weighed down by an uptick in Treasury yields.   Post earnings afterhours action in the largest semiconductor play - Nvidiaup over 3% initially and then down marginally - and the largest U.S. Software/Application name - Salesforcedown 5% - suggests that today's risk-on rotation could be brief.  Indeed, the opening hour of the evening session is seeing Nasdaq 100 and Dow Industrials futures contracts down 0.2% and S&P e-minis off by a decimal.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Sezzleup 15.7%Nutanixup 14.9%Marriott Vacations Worldwideup 12.1%NPK Internationalup 8.3%Chime Financialup 8.3%IonQup 7.0%Sterling Infrastructureup 6.8%DOWN AFTER EARNINGS -PROCEPT BioRoboticsdown 27.1%Array Technologiesdown 22.8%C3.aidown 22.5%Energy Recoverydown 20.2%GoodRxdown 11.0%Trade Deskdown 16.2%Universal Health Servicesdown 6.0%Synopsysdown 4.9%HEICOdown 4.9%Salesforcedown 4.6%Zoom Communicationsdown 3.8%Snowflakedown 2.3%Nvidiadown 0.2%

Reports Q4 revenue $75.2M, consensus $68.54M. "We were extremely pleased with our strong fourth quarter performance, which capped a record year and underscored the strength of our long-term strategy and the continued momentum across our key end-markets," said Matthew Lanigan, President and CEO of NPK International. "Fourth quarter revenue increased 9% sequentially and 31% year over year, driven by sustained strength in rental fleet utilization and continued robust demand for our DURA-BASE products from utility customers. As expected, profitability rebounded meaningfully from the third quarter, with fourth quarter Adjusted EBITDA increasing 41% sequentially and 27% year over year.

Sees Adjusted EBITDA in a range of $88 million to $100 million; Capital expenditures in a range of $45 million to $55 million.