earnings
confidence high
sentiment positive
materiality 0.65
KLX Energy Services Q1 revenue $239.6M, net income $9.4M; pro forma includes Greene's
KLX Energy Services Holdings, Inc.
2023-Q1 EPS reported
$0.65
revenue$239,600,000
- Revenue of $239.6M, up 7% sequentially; net income of $9.4M ($0.65 diluted EPS).
- Adjusted EBITDA of $38.2M (15.9% margin), up 2% sequentially; adjusted net income $11.5M.
- Pro forma Q1 results including full Greene's quarter: revenue $251.9M, adj. EBITDA $40.6M, adj. net income $12.4M.
- Ended quarter with $84.0M liquidity ($39.6M cash + $44.4M ABL borrowing capacity).