earnings
confidence high
sentiment positive
materiality 0.80
KLX Energy reports record annual revenue $888M (+14% YoY), net income $19M (+719%)
KLX Energy Services Holdings, Inc.
- Full-year 2023 revenue $888M (+14% YoY); net income $19M (+719%); diluted EPS $1.22
- Adjusted EBITDA $138M (+42% YoY); margin 16% vs 12% in 2022
- Cash $113M (+96% YoY); net debt $172M (reduced $54M); leverage 1.2x
- Q4 2023 revenue $194M; net loss $(9)M, diluted loss $(0.58); Adj EBITDA $23M, margin 12%
- Liquidity $154M including $113M cash and $42M ABL capacity; total debt $284M flat