KLX ENERGY SERVICES HOLDINGS, INC. REPORTS FIRST QUARTER 2024 RESULTS
HOUSTON, May 7, 2024 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLX", the "Company", "we", "us" or "our") today reported financial results for the first quarter ended March 31, 2024.
- HOUSTON, May 7, 2024 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLX", the "Company", "we", "us" or "our") today reported financial results for the first quarter ended March 31, 2024.
- Net loss for the first quarter of 2024 was $(22.2) million, compared to the fourth quarter of 2023 net loss of $(9.2) million.
- Adjusted EBITDA for the first quarter of 2024 was $12.0 million, compared to the fourth quarter of 2023 Adjusted EBITDA of $23.0 million.
- Adjusted EBITDA margin for the first quarter of 2024 was 6.9%, compared to the fourth quarter of 2023 Adjusted EBITDA margin of 11.8%.