KLX Energy Services Holdings, Inc. Reports Second Quarter 2024 Results
KLX Energy Services Holdings, Inc. (KLXE)
Last klx energy services holdings, inc. earnings: 3/9 06:00 am
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Source: PR Newswire
HOUSTON, Aug. 7, 2024 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLX", the "Company", "we", "us" or "our") today reported financial results for the second quarter ended June 30, 2024.Second Quarter 2024 Financial HighlightsRevenue of $180 millionEnacted approximately $16 million of annualized cost reductions in the second quarter of 2024 primarily related to operational streamlining initiatives, insurance and professional feesNet loss of $(8) million and diluted loss per share of $(0.49)Adjusted EBITDA of $27 millionNet loss margin of (4)%Adjusted EBITDA margin of 15%Net Cash Flow Provided by Operating Activities of $22 millionLevered Free Cash Flow of $10 millionCash balance of $87 million, increased $2 million sequentiallyTotal Debt and Net Debt of $285 million and $198 million, respectivelyLiquidity of $121 million, consisting of approximately $87 million of cash and approximately $34 million of available borrowing capacity under the June 2024 asset-based r
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News
- KLX Energy Services Holdings, Inc. (NASDAQ: KLXE) was upgraded by analysts at Singular Research to a "strong-buy" rating.MarketBeat
- KLX Energy Services Holdings, Inc. (KLXE) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- KLX Energy Services Holdings Second Quarter 2024 Earnings: EPS Beats Expectations [Yahoo! Finance]Yahoo! Finance
- KLX Energy Services Announces 2024 Second Quarter Earnings Release and Conference Call SchedulePR Newswire
- Investors in KLX Energy Services Holdings (NASDAQ:KLXE) have unfortunately lost 90% over the last five years [Yahoo! Finance]Yahoo! Finance
KLXE
Earnings
- 8/7/24 - Beat
KLXE
Analyst Actions
- 8/14/24 - Singular Research
KLXE
Sec Filings
- 9/16/24 - Form 8-K
- 8/23/24 - Form 4
- 8/8/24 - Form 10-Q
- KLXE's page on the SEC website