Innovex International, Inc. (INVX) Q1 2025 Earnings Call Transcript

Innovex International, Inc. (NYSE:INVX) Q1 2025 Earnings Conference Call May 7, 2025 10:00 AM ET

Company Participants

Avinash Cuddapah – Senior Director-Investor Relations
Adam Anderson – Chief Executive Officer
Kendal Reed – Chief Financial Officer

Conference Call Participants

David Smith – Pickering Energy Partners
Eddie Kim – Barclays

Operator

Good morning and welcome to Innovex’s First Quarter 2025 Earnings Call. [Operator Instructions]

At this time, I would like to turn the call over to Avinash Cuddapah, Senior Director of Investor Relations. Please go ahead.

Avinash Cuddapah

Thank you and good morning. We appreciate you joining us on today’s call. An updated investor presentation has been posted under the investors tab on the company’s website along with the earnings press release.

This call is being recorded, and a replay will be made available on the company’s website following the call.

Before we begin, I would like to remind you that Innovex’s comments may include forward-looking statements and discuss non-GAAP financial measures. It should be noted that a variety of factors could cause Innovex’s actual results to differ materially from the anticipated results or expectations expressed in these forward-looking statements.

Please refer to the first quarter 2025 financial and operational results announcements that we released yesterday for a discussion of forward-looking statements and reconciliations of non-GAAP measures.

Speaking on the call today from Innovex, we have Adam Anderson, Chief Executive Officer; and Kendal Reed, Chief Financial Officer.

I would now like to turn the call over to Adam Anderson.

Adam Anderson

Good morning and thanks to everyone for joining us today. I am pleased by the progress we have made on our strategic initiatives, which is thanks to our incredible team of people. I am extremely grateful for their efforts in the first quarter.

On today’s call, I’ll discuss how we are uniquely