Innovex International, INC 8-K filings

Dril-Quip filed an amendment to its previous 8-K report to correct a misclassification that impacted the Adjusted EBITDA for the year ended December 31, 2021.

Dril-Quip announced a strong second quarter in 2024 with significant revenue growth and improved profitability, while also progressing towards its merger with Innovex Downhole Solutions.

Dril-Quip, Inc. has appointed Benjamin M. Fink to its Board of Directors, filling a vacancy created by the resignation of Amy B. Schwetz.

Dril-Quip will restate its 2021 financial statements due to a $67 million misclassification of inventory write-downs, impacting cost of sales and restructuring charges.

Dril-Quip announces the immediate resignation of board member Amy B. Schwetz, with John V. Lovoi appointed as the new Audit Committee chair.

Dril-Quip and Innovex have agreed to an all-stock merger, aiming to create a leading global provider of well-centric products and technologies.

Dril-Quip, Inc. held its annual meeting of stockholders on May 7, 2024, where a director was elected, the appointment of an independent accounting firm was approved, and executive compensation was supported.

Dril-Quip's proposed merger with Innovex moves forward as the Hart-Scott-Rodino waiting period expires, while the company addresses a stockholder lawsuit by amending a key agreement.

Dril-Quip's first quarter 2024 results show a revenue increase year-over-year but a sequential decrease, alongside a net loss, while the company progresses with its merger with Innovex Downhole Solutions.

Dril-Quip and Innovex have agreed to merge in an all-stock transaction, creating a unique energy industrial platform with a diverse product portfolio and global reach.

Dril-Quip reported a strong finish to 2023 with double-digit revenue growth and increased profitability, and provided a positive financial outlook for 2024.