secwatch.observer — SEC 8-K summary
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Issuer:     KLX Energy Services Holdings, Inc. (KLXE)
CIK:        0001738827
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001738827-24-000048
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KLX Energy reports Q1 revenue $175M, net loss $22M, Adj EBITDA $12M
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- Net loss of $22M, diluted EPS loss of $(1.38).
- Revenue of $175M, net loss margin of (13)%.
- Adjusted EBITDA of $12M, margin 7%.
- Set new US coiled tubing depth record of 28,915 feet.
- Liquidity of $128M ($85M cash, $43M ABL facility availability).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1738827/000173882724000048/0001738827-24-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1738827/000173882724000048/klxe-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001738827-24-000048

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