secwatch.observer — SEC 8-K summary
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Issuer:     KLX Energy Services Holdings, Inc. (KLXE)
CIK:        0001738827
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001738827-23-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1738827/000173882723000030/0001738827-23-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1738827/000173882723000030/klxe-20230510.htm
  HTML page:      https://secwatch.observer/filing/0001738827-23-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer