MRC Global Announces First Quarter 2025 Results Houston, TX – May 6, 2025 – MRC Global Inc. (NYSE: MRC) today announced first quarter 2025 results from continuing operations. First Quarter 2025 Financial Highlights: Rob Saltiel, MRC Global's President and CEO stated, "First quarter results were strong across all of our key metrics, consistent with our recent press release. Our business has continued to perform well into the second quarter, with our backlog as of April 30, 2025, up 13% over year-end levels, ...

HOUSTON, May 06, 2025 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) today announced first quarter 2025 results from continuing operations. First Quarter 2025 Financial Highlights: Operating cash flows provided by continuing operations of $21 million Sales of $712 million, a 7% increase compared to the fourth quarter of 2024Gross profit, as a percentage of sales, of 19.9%Adjusted Gross Profit, as a percentage of sales, of 21.5%Net income from continuing operations of $8 millionAdjusted EBITDA of $36 millio ...

HOUSTON, April 22, 2025 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE:MRC) will release its first quarter 2025 results on May 6, 2025, after the market closes. In conjunction with the release, the company will host a conference call and webcast:  What:MRC Global First Quarter 2025 Earnings Conference Call and Webcast    When:Wednesday, May 7, 2025, at 10:00 a.m. Eastern / 9:00 a.m. Central    How:Via phone – Dial 201-689-8261 and ask for the MRC Global call prior to the start time, or  Via webcast – Visit our w ...

HOUSTON, April 22, 2025 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its first quarter 2025 results on May 6, 2025, after the market closes. In conjunction with the release, the company will host a conference call and webcast: What:MRC Global First Quarter 2025 Earnings Conference Call and Webcast When:Wednesday, May 7, 2025, at 10:00 a.m. Eastern / 9:00 a.m. Central How:Via phone – Dial 201-689-8261 and ask for the MRC Global call prior to the start time, or Via webcast – Visit our ...

Core Insights - MRC Global Inc. reported a strong start to Q1 2025, with revenue and margins exceeding expectations, driven by growth in various segments [3][4] - The company anticipates continued revenue growth in Q2 2025, estimating a high-single to low-double digit percentage increase in sequential sales, supported by a backlog increase of over 20% since the start of the year [3][4] - MRC Global plans to initiate a $125 million share repurchase program in Q2 2025, taking advantage of recent share price volatility [4] Financial Highlights - Revenue for Q1 2025 was approximately $710 million, representing a 7% sequential increase [8] - Net income from continuing operations was approximately $7 million [8] - Adjusted EBITDA was approximately $35 million, or 4.9% of sales [8] - Gross Profit was approximately $142 million, or 20.0% of sales, while Adjusted Gross Profit was approximately $153 million, or 21.5% of sales [8][17] - Cash flow from continuing operations was approximately $20 million [8] Segment Performance - The US segment was a key driver of revenue growth, with DIET growing by 13%, Gas Utilities by 8%, and PTI by 6% [3] - The Gas Utilities business showed a strong rebound, contributing positively to overall performance [4] Company Overview - MRC Global is a leading global distributor of pipe, valves, fittings, and other infrastructure products and services, serving diversified end-markets including gas utilities and industrial sectors [7] - The company operates a network of approximately 200 locations and offers around 200,000 SKUs from over 7,100 suppliers [7]

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 ...

Core Viewpoint - MRC Global (MRC) shows potential for significant upside, with a mean price target of $16.25 indicating a 39.9% increase from its current price of $11.62 [1] Price Targets and Analyst Estimates - The mean estimate consists of four short-term price targets with a standard deviation of $0.96, suggesting a range of estimates from $15 (29.1% increase) to $17 (46.3% increase) [2] - A low standard deviation indicates strong agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [9] Analyst Sentiment and Earnings Estimates - Analysts have shown increasing optimism about MRC's earnings prospects, with a positive trend in earnings estimate revisions correlating with potential stock price increases [11] - Over the last 30 days, one estimate has increased while there were no negative revisions, leading to a 3.1% rise in the Zacks Consensus Estimate for the current year [12] Zacks Rank and Investment Potential - MRC holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating strong potential for upside [13]

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MRC Global Inc. (MRC) reported fourth-quarter 2024 adjusted loss of eight cents per share against the Zacks Consensus Estimate of earnings of eight cents per share. In the year-ago-quarter, it reported earnings of 23 cents per share.Total revenues of $664 million missed the consensus estimate of $695 million. The top line decreased 10.3% year over year due to the lower volume of sales in the Downstream, Industrial and Energy Transition (DIET) and Production & Transmission Infrastructure (PTI) sectors.Stay u ...

MRC Global (MRC) Q4 2024 Earnings Call March 14, 2025 05:40 PM ET Company Participants Monica Broughton - Investor RelationsRobert Saltiel - President & CEOKelly Youngblood - EVP and CFONathan Jones - Managing DirectorChristopher Dankert - Senior VP - Equity ResearchJosh Jayne - Managing Director Operator Greetings and welcome to MRC Global's Fourth Quarter twenty twenty four Earnings Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the for ...