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Posted by
Two Blokes Apr 16 -
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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 increase Net income from continuing operations of approximately $7 million Adjusted EBITDA of approximately $35 million, or 4.9% of sales Gross Profit of approximately $142 million, or 20.0% of sales Adjusted Gross Profit of approximately $153 million, or 21.5% of sales Cash 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.
