KLX Energy Services Q2 FY26 net loss narrows 65% to USD 8 million; revenue rises 16% to USD 167 million

Reuters2026/08/10 20:36

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KLX Energy Services posted Q2 2026 revenue of USD 167 million, up 16% from Q1 2026.
Net loss narrowed to USD 8 million; diluted loss per share improved to USD 0.41 from Q1 2026.
Non-GAAP adjusted EBITDA climbed 68% to USD 19 million, lifting adjusted EBITDA margin to 11% from 7.7%.
Closed the Wolf Pack Rentals acquisition on June 2, recording a USD 6.5 million bargain purchase gain; Wolf Pack added USD 3.4 million of June revenue.
Forecasts Q3 revenue of USD 176 million to USD 188 million; expects margins to keep rising as activity builds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KLX Energy Services Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608101616PR_NEWS_USPR_____DA22800) on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Fitch Ratings recently announced that it is maintaining France's sovereign credit rating at "A+" with a "stable" outlook, even though the agency has once again warned that sustained fiscal deficits and rising public debt amidst increasing political uncertainty could still trigger a future rating downgrade.

智通财经•2026/08/29 07:11