KLX, Inc. (KLXI) Reports In-Line Q2 EPS

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Go back to KLX, Inc. (KLXI) Reports In-Line Q2 EPS

KLX Inc. Reports Strong Second Quarter 2017 Financial Results

August 23, 2017 2:00 AM EDT

REVENUES UP 13.6%; OPERATING EARNINGS UP 61.4%;

REAFFIRMS 2017 GUIDANCE

WELLINGTON, Fla., Aug. 23, 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, today reported its second fiscal quarter ended July 31, 2017 financial results.

On a GAAP basis, for the three-month period ended July 31, 2017, operating earnings of $52.3 million increased approximately 61.4 percent and net earnings of $20.7 million and... More