KLX Energy Services Holdings Inc. (KLXE) Misses Q1 EPS by $2.09, Revenues Miss

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KLX Energy Services Holdings, Inc. Reports Fiscal First Quarter 2021 Results

June 9, 2021 4:15 PM EDT

HOUSTON, June 9, 2021 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLXE" or the "Company") today reported its financial results for the fiscal first quarter ended April 30, 2021.

Fiscal First Quarter 2021 Highlights

Fiscal first quarter 2021 revenue of $90.8 million increased $4.0 million, or 4.6%, sequentially from the fiscal fourth quarter 2020 Fiscal first quarter 2021 net loss was $36.8 million compared to $30.5 million for the fiscal fourth quarter 2020 Fiscal first quarter 2021 net loss and Adjusted EBITDA loss were primarily driven by "white space" on the calendar resulting from... More