KLX, Inc. (KLXI) Sees Strong Q1, Raises FY17 Outlook

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KLX Inc. Announces Expectations for Strong First Quarter 2017 Results - - Raises 2017 Full Year Financial Guidance

April 17, 2017 6:30 AM EDT

WELLINGTON, Fla., April 17, 2017 (GLOBE NEWSWIRE) -- KLX Inc. (the Company) (NASDAQ: KLXI), a 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, announced today that it plans to report strong first quarter financial results for the quarter ending April 30, 2017 when the Company reports its financial results in May 2017.  The Company also announced it is raising its financial guidance for the year ending January 31, 2018 (Fiscal 2017).

The new Fiscal 2017 financial guidance assumes the recognition in Fiscal... More