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PRNewsWire
2 months ago
KLX ENERGY SERVICES HOLDINGS, INC. REPORTS SECOND QUARTER 2025 RESULTS
HOUSTON , Aug. 6, 2025 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLX", the "Company", "we", "us" or "our") today reported financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Financial and Operational Highlights Revenue of $159 million, a 3% increase over first quarter 2025 Net loss of $(20) million and diluted loss per share of $(1.04) Adjusted EBITDA of $19 million, a 34% increase over first quarter 2025 Net loss margin of (13)% Adjusted EBITDA margin of 12%, a 30% increase over first quarter 2025 Total liquidity of $65 million, consisting of approximately $17 million of cash and cash equivalents, and approximately $49 million of available borrowing capacity under the asset-based revolving credit facility (the "ABL Facility") borrowing base certificate, inclusive of the undrawn first-in-last-out ("FILO") capacity See "Non-GAAP Financial Measures" at the end of this release for a discussion of Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Net Loss, Adjusted Diluted Loss per share, Unlevered and Levered Free Cash Flow, Net Working Capital, Net Debt and their reconciliations to the most directly comparable financial measure calculated and presented in accordance with U.S. generally accepted accounting principles ("GAAP").