ChampionX (CHX) Tops Q1 EPS by 3c

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ChampionX Reports First Quarter 2021 Results

April 28, 2021 4:30 PM EDT

Revenue of $684.9 millionNet income attributable to ChampionX of $5.8 million; adjusted net income of $15.6 millionAdjusted EBITDA of $94.2 millionCash from operating activities of $90.2 million and free cash flow of $64.6 million (9% of revenue)

THE WOODLANDS, Texas, April 28, 2021 (GLOBE NEWSWIRE) -- ChampionX Corporation (ChampionX) (NASDAQ: CHX) (the Company) today announced first quarter of 2021 results. Revenue was $684.9 million, net income attributable to ChampionX was $5.8 million, and adjusted EBITDA was $94.2 million. Income before income taxes margin was 1.0%, and adjusted EBITDA margin was 13.8%. Cash provided by operating activities... More