KLX, Inc. (KLXI) Reports Q1 EPS of $0.42

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KLX Inc. Reports First Quarter Ended April 30, 2016 Financial Results

May 23, 2016 2:00 AM EDT

WELLINGTON, Fla., May 23, 2016 (GLOBE NEWSWIRE) -- KLX Inc. (the Company) (NASDAQ: KLXI), the worlds leading distributor and value added service provider of aerospace fasteners and consumables, and a provider of services and products to the oil and gas exploration and production industry, today announced its first fiscal quarter 2016 financial results.

FIRST QUARTER ENDED APRIL 30, 2016 HIGHLIGHTS COMPARED WITH PRIOR YEAR

Consolidated revenues of $368.2 million declined 14.7 percentAerospace Solutions Group segment (ASG) revenues were $331.1 million. Revenues from commercial... More