KLX Energy Services Updates Third Quarter Revenue and EBITDA Guidance for Q3 2026
KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) has revised its third-quarter revenue guidance upward to a range of $180 million to $185 million for the quarter ending September 30, 2026. This represents an estimated sequential increase of approximately 9% compared to Q2 2026 revenues. The company also provided an Adjusted EBITDA margin guidance range of 13% to 14%, reflecting a roughly 200 basis point improvement from the second quarter. CEO Chris Baker attributed this performance to strong internal financial results and contributions from its recent Wolf Pack acquisition, which is expected to deliver $2.5 million in annual synergies. The updated guidance underscores KLX’s confidence in its earnings trajectory and strategic growth initiatives. Additionally, the company concluded a successful equity rights offering of $125 million aimed at deleveraging and supporting future organic and inorganic expansion.
Tickers: $KLXE
Topics: adjusted EBITDA margin revenue guidance Wolf Pack acquisition