ChampionX (CHX) Misses Q2 EPS by 7c

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ChampionX Reports Second Quarter 2021 Results

July 28, 2021 4:30 PM EDT

Revenue of $749.2 million increased 9% sequentiallyNet income attributable to ChampionX of $7.3 million; adjusted net income of $23.5 millionAdjusted EBITDA of $105.4 millionCash from operating activities of $60.9 million and free cash flow of $40.8 million

THE WOODLANDS, Texas, July 28, 2021 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ: CHX) (ChampionX or the Company) today announced second quarter of 2021 results. Revenue was $749.2 million, net income attributable to ChampionX was $7.3 million, and adjusted EBITDA was $105.4 million. Income before income taxes margin was 1.5%, and adjusted EBITDA margin was 14.1%. Cash provided... More