Brief: KLX Energy Services Q2 Revenue USD 159 Million

KLX Energy Services Holdings

06/08/2025 21:15

Overview

KLX Energy Q2 revenue rises 3% qtr/qtr, missing analyst expectations

Adjusted EBITDA for Q2 misses analyst estimates

Company anticipates stronger performance in Q3

Outlook

KLX expects Q3 2025 to be the strongest quarter of the year

Company targets Q3 revenue increase in low to mid-single digits

Result Drivers

SEASONAL ACTIVITY - Revenue increase attributed to seasonal market activity

COMPLETIONS AND PRODUCTION - Significant strength and improvement in completions and production portfolios

ROCKY MOUNTAINS UTILIZATION - Higher utilization in Rocky Mountains segment drove revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$159 mln
$163.50 mln (1 Analyst)
Q2 Adjusted Net Income
Miss
-$17 mln
-$2.10 mln (1 Analyst)
Q2 Net Income
-$19.90 mln
Q2 Adjusted EBITDA
Miss
$18.50 mln
$21.80 mln (1 Analyst)
Q2 Adjusted EBITDA Margin
11.6%


Analyst Coverage

Wall Street's median 12-month price target for KLX Energy Services Holdings Inc is $5.00, about 64.6% above its August 5 closing price of $1.77

Press Release: ID:nPn1W3XLFa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)