KLDiscovery Q1 revenue down 11% to $80.2M; net loss widens to $16.9M; debt restructuring agreed

KLDiscovery Inc.

2024-Q1 EPS reported -$0.39 revenue$80,172,000

Q1 revenue $80.2M vs $90.7M YoY; net loss widened to $16.9M from $4.5M.
EBITDA $7.4M vs $18.2M; Adjusted EBITDA $10.6M vs $20.9M YoY.
Agreement in principle with debenture holders and term loan lender to reduce long-term debt; subject to definitive documentation.
Nebula revenue up 82% YoY, now 19% of revenue; hosted data up 24%, active users up 11%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

KLDiscovery Inc. reported the three months ended March 31, 2024 results: revenue $80.2 million, net income $(16.9) million.

Period: the three months ended March 31, 2024
Revenue: $80.2 million
Net income: $(16.9) million
Result: reported results

Exact text from the filing

provider of electronic discovery, information governance and data recovery technology solutions, announced today that revenue for the first quarter ended March 31, 2024, was $80.2 million compared to $90.7 million in the first quarter of 2023. Net loss for the first quarter of 2024 was $(16.9) million compared to $(4.5) million in the first quarter of 2023. EBITDA

View on SEC.gov

708 earnings releases filed in the last 30 days. Browse all earnings releases →

Source: SEC EDGAR

accession 0000950170-24-055921

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.