KLX, Inc. (KLXI) Tops Q2 EPS by 22c

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Go back to KLX, Inc. (KLXI) Tops Q2 EPS by 22c

KLX Inc. Reports Second Quarter Financial Results: Net Earnings and EPS Up ~30%

August 24, 2016 2:00 AM EDT

WELLINGTON, Fla., Aug. 24, 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 reported its second fiscal quarter ended July 31, 2016 financial results.

SECOND QUARTER HIGHLIGHTS COMPARED TO FIRST QUARTER 2016

Consolidated revenues of $391.4 million increased 6.3 percentAerospace Solutions Group (ASG) revenues of $359.1 million increased 8.5 percent; ASG revenues, exclusive of acquisitions, were essentially... More