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Stock impact report

KLX ENERGY SERVICES HOLDINGS, INC. REPORTS THIRD QUARTER 2024 RESULTS

KLX Energy Services Holdings, Inc. (KLXE) 
Last klx energy services holdings, inc. earnings: 3/9 06:00 am Check Earnings Report
Company Research Source: PR Newswire
HOUSTON, Oct. 31, 2024 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLX", the "Company", "we", "us" or "our") today reported financial results for the third quarter ended September 30, 2024.Third Quarter 2024 Financial HighlightsRevenue of $189 millionNet loss of $(8) million and diluted loss per share of $(0.51)Adjusted EBITDA of $28 millionNet loss margin of (4)%Adjusted EBITDA margin of 15%Cash balance of $83 millionTotal Debt and Net Debt of $285 million and $203 million, respectivelyLiquidity of $126 million, consisting of approximately $83 million of cash and approximately $43 million of availability not borrowed under the September 2024 asset-based revolving credit facility (the "ABL Facility") borrowing base certificateSee "Non-GAAP Financial Measures" at the end of this release for a discussion of Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Net (Loss) Income, Adjusted Diluted (Loss) Earnings per share, Unlevered and Levered Free Cash Flow, Net Wor Show less Read more
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