KLX Energy Services Q3 2026 net loss widens 85% to $15.5 million from second quarter

Bitget2026/11/05 22:01

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KLX Energy Services’ third-quarter 2026 net loss widened 85% from the second quarter to $15.5 million.
Revenue rose 11% from the second quarter to $185.6 million, reflecting a seasonal increase in market activity.
The September 29 backstopped rights offering converted $87.8 million of debt into equity and raised $37.2 million in new equity.
Fourth-quarter revenue is expected to reach $172 million to $184 million, with management prioritizing margin protection through the seasonal slowdown.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001738827-26-000065), on November 05, 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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KLX Energy Services Q3 2026 net loss widens 85% to $15.5 million from second quarter

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