KLX ENERGY SERVICES HOLDINGS, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS
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KLX Energy Services Holdings, Inc. reported its financial results for Q4 and full year 2024, showing a net loss of $53 million for the year and $15 million for the quarter. The company also refinanced its 2025 senior secured notes and secured a new ABL credit facility.
March 12, 2025 | 9:00 pm
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KLX Energy Services reported a net loss of $53 million for 2024 and $15 million for Q4. The company refinanced its 2025 senior secured notes and secured a new ABL credit facility.
The reported net losses for both the full year and the fourth quarter are likely to negatively impact investor sentiment in the short term. However, the refinancing of senior secured notes and securing a new credit facility may provide some financial stability, slightly mitigating the negative impact.
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IMPORTANCE 80
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