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Stock impact report

KLX Energy Services Holdings Inc (KLXE) Reports Strong Full Year 2023 Results Amidst Q4 Challenges [Yahoo! Finance]

KLX Energy Services Holdings, Inc. (KLXE) 
Last klx energy services holdings, inc. earnings: 3/9 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Adjusted EBITDA : Grew by 42% to $138 million compared to the prior year. Free Cash Flow : Achieved record annual free cash flow, demonstrating strong operational efficiency. Net Leverage Ratio : Improved significantly to 1.2x, a 47% reduction from the previous year. Warning! GuruFocus has detected 4 Warning Signs with KLXE. On March 6, 2024, KLX Energy Services Holdings Inc ( NASDAQ:KLXE ) released its 8-K filing , announcing its financial results for the fourth quarter ended December 31, 2023. The company, a leading provider of completion, intervention, and production services to the onshore oil and gas industry in the United States, reported a record year in terms of revenue, Adjusted EBITDA, and free cash flow, despite facing a challenging fourth quarter. Full Year 2023 Financial Performance KLXE's full-year revenue increased to $888 million, up 14% from the previous year, despite a 20% decline in rig count over the same period. The company's net income saw a dramatic Show less Read more
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