secwatch.observer — SEC 8-K summary
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Issuer:     KLX Energy Services Holdings, Inc. (KLXE)
CIK:        0001738827
Form:       8-K
Filed at:   2023-03-08T23:59:59+00:00
Accession:  0001738827-23-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KLX Energy Services reports record Q4 2022 revenue of $223.3M; net income $13.2M
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- Revenue $223.3M; net income $13.2M ($1.07 basic EPS), net income margin 5.9%.
- Adjusted EBITDA $37.3M (16.7% margin); cash $57.4M (+38.6% sequentially).
- Exchanged $12.8M of 11.5% senior secured notes for 777,811 shares; annual cash interest reduced by $1.5M.
- Total debt $283.4M (-4.1%); net debt $226.0M (-11.1%); liquidity $101.8M (+17.8% sequentially).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1738827/000173882723000008/0001738827-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1738827/000173882723000008/klxe-20230308.htm
  HTML page:      https://secwatch.observer/filing/0001738827-23-000008

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