KLX Inc. (KLXI) Misses Q4 EPS by 47c

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KLX Inc. Reports Full Year and Fourth Quarter 2014 Financial Results

February 23, 2015 2:00 AM EST

WELLINGTON, Fla., Feb. 23, 2015 (GLOBE NEWSWIRE) -- KLX Inc. ("the Company") (Nasdaq: KLXI), the world's leading distributor and value added service provider of aerospace fasteners and consumables, and a provider of services and products to the oil and gas industry, today announced its full year and fourth quarter 2014 financial results.

FULL YEAR 2014 HIGHLIGHTS

Commenced trading as an independent public company on December 17, 2014 following spin-off by former parent, B/E Aerospace, Inc. 2014 revenues of $1.7 billion increased 31.3% and adjusted operating earnings of $303.7 million increased 15.6% as compared with the prior... More