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

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

April 14, 2021 4:15 PM EDT

HOUSTON, April 14, 2021 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLXE" or the "Company") today reported financial results for its fiscal fourth quarter and full fiscal year ("Fiscal 2020") ended January 31, 2021.

Fiscal Fourth Quarter 2020 Highlights

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