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KLX Energy Services: Fiscal 1Q Earnings Snapshot

WELLINGTON, Fla. (AP) _ KLX Energy Services Holdings Inc. (KLXE) on Wednesday reported a loss of $5 million in its fiscal first quarter.

The Wellington, Florida-based company said it had a loss of 24 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, came to 25 cents per share.

The service provider to oil and natural gas producers posted revenue of $145.8 million in the period.

For the current quarter ending in August, KLX Energy Services expects its per-share earnings to be 80 cents.

The company said it expects revenue in the range of $180 million for the fiscal second quarter.

KLX Energy Services expects full-year earnings to be $4.50 per share, with revenue expected to be $800 million.

KLX Energy Services shares have increased slightly more than 6% since the beginning of the year.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KLXE at https://www.zacks.com/ap/KLXE