KLX Energy Q2 2023 revenue $234M; adjusted EBITDA $39.7M, up 4% sequentially

KLX Energy Services Holdings, Inc.

2023-Q2 EPS reported $1.37 revenue$473,600,000

Net income $11.4M ($0.71 diluted EPS); adjusted net income $13.1M ($0.81 adjusted diluted EPS).
Adjusted EBITDA margin 17.0%, up 7% sequentially; cash $82.1M, up $42.5M QoQ.
Total debt $283.8M; net debt $201.7M; LTM net leverage ratio 1.3x.
ABL Facility amended, extended and upsized; Greene's Energy integration substantially complete.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

KLX Energy Services Holdings, Inc. reported second quarter ended June 30, 2023 results: revenue $234.0 million, net income $11.4 million, EPS $0.71.

Period: second quarter ended June 30, 2023
Revenue: $234.0 million
Net income: $11.4 million
EPS: $0.71
Result: reported results

Exact text from the filing

month impact post closing the acquisition of Greene’s Energy Group, LLC (“Greene’s”) on March 8, 2023. Second Quarter 2023 Financial and Operational Highlights • Revenue of $234.0 million • Net income of $11.4 million, net income margin of 4.9%, diluted earnings per share of $0.71 • Adjusted net income of $13.1 million and adjusted diluted earnings per share of

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Source: SEC EDGAR

accession 0001738827-23-000055

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