---
schema_version: "secwatch.filing_event.v1"
accession: "0001738827-23-000030"
form_type: "8-K"
ticker: "KLXE"
cik: "0001738827"
company_name: "KLX Energy Services Holdings, Inc."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:41:55.665925+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# KLX Energy Services Q1 revenue $239.6M, net income $9.4M; pro forma includes Greene's

## Summary
- 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).

## SEC filing metadata
- accession: 0001738827-23-000030
- form_type: 8-K
- ticker: KLXE
- cik: 0001738827
- company_name: KLX Energy Services Holdings, Inc.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1738827/000173882723000030/0001738827-23-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1738827/000173882723000030/klxe-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001738827-23-000030
- JSON: https://secwatch.observer/filing/0001738827-23-000030.json
- Plain text: https://secwatch.observer/filing/0001738827-23-000030.txt

## Key facts
- Earnings Releases
  KLX Energy Services Holdings, Inc. reported the first quarter ended March 31, 2023 results: revenue $239.6 million, net income $9.4 million, EPS $0.65.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $239.6 million
  - Net income: $9.4 million
  - EPS: $0.65
  - Result: reported results
  source text: months ended March 31, 2023 including a full quarter of Greene’s activity (“Pro Forma First Quarter 2023”). First Quarter 2023 Financial and Operational Highlights • Revenue of $239.6 million, increased 7% sequentially • Net income of $9.4 million, net income margin of 3.9% and diluted earnings per share of $0.65 • Adjusted net income of $11.5 million • Adjusted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1738827/000173882723000030/0001738827-23-000030-index.htm

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