---
schema_version: "secwatch.filing_event.v1"
accession: "0001738827-22-000035"
form_type: "8-K"
ticker: "KLXE"
cik: "0001738827"
company_name: "KLX Energy Services Holdings, Inc."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:38:17.856406+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# KLX Energy Q3 revenue $221.6M (+20% seq), net income $11.1M; CEO Baker appointed to board

## Summary
- Revenue $221.6M, up 20% sequentially; net income $11.1M ($0.96 EPS), a $18.6M sequential improvement.
- Adjusted EBITDA $37.1M (margin 16.7%), up 113% sequentially; operating cash flow $18.5M.
- Cash ended at $41.4M, available liquidity $86.4M, up 53% sequentially; ABL facility amended on improved terms.
- Post-quarter exchanged $4.0M of 2025 Senior Secured Notes for 235,281 shares of common stock.
- CEO Christopher Baker appointed as a Class I Director of the Board effective November 8, 2022.

## SEC filing metadata
- accession: 0001738827-22-000035
- form_type: 8-K
- ticker: KLXE
- cik: 0001738827
- company_name: KLX Energy Services Holdings, Inc.
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1738827/000173882722000035/0001738827-22-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1738827/000173882722000035/klxe-20221109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001738827-22-000035
- JSON: https://secwatch.observer/filing/0001738827-22-000035.json
- Plain text: https://secwatch.observer/filing/0001738827-22-000035.txt

## Key facts
- Earnings Releases
  KLX Energy Services Holdings, Inc. reported third quarter ended September 30, 2022 results: revenue $221.6 million, net income $11.1 million, EPS $0.96/share.
  - Period: third quarter ended September 30, 2022
  - Revenue: $221.6 million
  - Net income: $11.1 million
  - EPS: $0.96/share
  - Result: reported results
  source text: We also make reference to the three months ended September 30, 2021 (“Pro Forma Prior Year Third Quarter”). Third Quarter 2022 Financial and Operational Highlights • Revenue of $221.6 million, increased 20% sequentially • Generated net income of $11.1 million, a $18.6 million sequential increase, and EPS of $0.96/share • Adjusted EBITDA of $37.1 million, a 113%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1738827/000173882722000035/0001738827-22-000035-index.htm
- Executive change
  Christopher Baker was appointed as Class I Director at KLX Energy Services Holdings, Inc..
  - Action: appointed
  - Role: Class I Director
  source text: On November 8, 2022, the Board of Directors appointed our President and Chief Executive Officer, Christopher Baker, as a Class I Director of the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1738827/000173882722000035/0001738827-22-000035-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.