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Stock impact report

KLX ENERGY SERVICES HOLDINGS, INC. PROVIDES PRELIMINARY 2023 FULL YEAR AND FOURTH QUARTER RESULTS

KLX Energy Services Holdings, Inc. (KLXE) 
Last klx energy services holdings, inc. earnings: 3/9 06:00 am Check Earnings Report
Company Research Source: PR Newswire
HOUSTON, Feb. 26, 2024 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLX", the "Company", "we", "us" or "our") today announced preliminary financial results for the three months and twelve months ended December 31, 2023.Preliminary Full Year 2023 Financial and Operational HighlightsEstimated Revenue range of $887 million to $889 millionEstimated Net Income range of $18 million to $20 millionEstimated Adjusted EBITDA range of $136 million to $139 millionEstimated Cash balance of $113 million, a 96% increase relative to prior yearEstimated Total Debt of $284 million consistent with prior year at $283 millionEstimated Net Debt of $172 million, a $54 million or 24% decrease relative to prior yearEstimated Liquidity of $154 million increased by $53 million or 52% relative to prior yearPreliminary Fourth Quarter 2023 Financial and Operational HighlightsEstimated Revenue range of $193 million to $195 millionEstimated Net Loss range of $(10) million to $(8) millionEstima Show less Read more
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