KLX Energy Services Holdings Inc. (KLXE) Reports Q3 Loss of $2.19/sh

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

December 9, 2021 4:15 PM EST

HOUSTON, Dec. 9, 2021 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLXE" or the "Company") today reported its financial results for the fiscal third quarter ended October 31, 2021.

Fiscal Third Quarter 2021 Highlights

Fiscal third quarter 2021 revenue of $139.0 million increased $27.1 million, or 24.2%, sequentially, from the fiscal second quarter Fiscal third quarter 2021 net loss was $18.8 million, improving 24.8% compared to a net loss of $25.0 million for the fiscal second quarter Fiscal third quarter 2021 Adjusted EBITDA of $5.0 million, increased $4.4 million, or 733.3% sequentially, from the second fiscal quarter Fiscal... More