KLX Energy Services Holdings, Inc. Reports Fiscal Fourth Quarter 2020 Results

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KLX Energy Services Holdings Inc. (KLXE) Misses Q4 EPS by 55c, Revenues Beat

April 14, 2021 4:18 PM EDT

KLX Energy Services Holdings Inc. (NASDAQ: KLXE) reported Q4 EPS of ($3.69), $0.55 worse than the analyst estimate of ($3.14). Revenue for the quarter came in at $86.8 million versus the consensus estimate of $78.95 million.

Fiscal Fourth Quarter 2020 Highlights

Revenue of $86.8 million increased $15.9 million, or 22.4% sequentially from the fiscal third quarter 2020Net loss of $30.5 million decreased $7.8 million, or 20.4% sequentially from the fiscal third quarter 2020Adjusted EBITDA loss of $2.6 million improved $2.8 million, compared to the fiscal third quarter 2020Ended the fiscal fourth quarter with $47.1 million in cash and $82.0 million in total liquidityAs of... More