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0 0.0210727969348658 0.0210727969348658 0.0210727969348658 0.0224329501915708 0.0224329501915708 0.0210727969348658 -0.00862068965517257
Stock impact report

MRC Global Announces Preliminary First Quarter 2025 Results

MRC Global Inc. (MRC) 
Last mrc global inc. earnings: 4/28 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.mrcglobal.com/investor-overview
Company Research Source: GlobeNewswire
HOUSTON, April 16, 2025 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) today announced selected preliminary first quarter 2025 results from continuing operations. Preliminary First Quarter 2025 Financial Highlights: Revenue of approximately $710 million, a 7% sequential increaseNet income from continuing operations of approximately $7 millionAdjusted EBITDA of approximately $35 million, or 4.9% of salesGross Profit of approximately $142 million, or 20.0% of salesAdjusted Gross Profit of approximately $153 million, or 21.5% of salesCash flow provided by continuing operations of approximately $20 million Rob Saltiel, MRC Global’s President and CEO stated, “I am very pleased with our strong start to the year, with activity levels and margins exceeding expectations. Our US segment drove the sequential revenue increase, led by 13% growth in DIET, 8% in Gas Utilities and 6% in PTI. We are optimistic about continued revenue growth in the second quarter, and we estimate a high-single to Show less Read more
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