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Stock impact report

ChampionX Reports First Quarter 2024 Results [Yahoo! Finance]

ChampionX Corporation (CHX) 
Company Research Source: Yahoo! Finance
Adjusted net income of $96.4 million , increased year-over-year Adjusted EBITDA of $191.7 million , increased year-over-year Income before income taxes margin of , increased 547 basis points year-over-year Adjusted EBITDA margin of , increased 130 basis points year-over-year Cash from operating activities of $173.5 million and free cash flow of $144.0 million Returned of cash from operating activities and of free cash flow to shareholders THE WOODLANDS, Texas, April 24, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ: CHX) (“ChampionX” or the “Company”) today announced first quarter of 2024 results. Revenue was $922.1 million, net income attributable to ChampionX was $112.9 million, and adjusted EBITDA was $191.7 million. Income before income taxes margin was 15.2% and adjusted EBITDA margin was 20.8%. Cash from operating activities was $173.5 million and free cash flow was $144.0 million. CEO Commentary “The first quarter demonstrated the resiliency of our Cha Show less Read more
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