secwatch.observer — SEC 8-K summary
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Issuer:     KLX Energy Services Holdings, Inc. (KLXE)
CIK:        0001738827
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0001738827-24-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KLX Energy reports record annual revenue $888M (+14% YoY), net income $19M (+719%)
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- 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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1738827/000173882724000030/0001738827-24-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1738827/000173882724000030/klxe-20240306.htm
  HTML page:      https://secwatch.observer/filing/0001738827-24-000030

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