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KLX energy services expects Q4 revenue of $172M-$184M following Wolf Pack integration progress
Q4 revenue guidance of $172M-$184M follows Wolf Pack integration progress.
Context
What happened: KLX Energy Services said it expects Q4 revenue of $172M to $184M, following progress on integrating Wolf Pack.
Key numbers: Q3 revenue was $186 million, up $18 million or 11% sequentially. Adjusted EBITDA rose 33% sequentially to $25 million. Q4 revenue guidance is $172M to $184M.
Why it matters: The Q4 revenue range points to a sequential decline from Q3 revenue of $186 million, as management cited Wolf Pack integration progress.
What changed
KLX Energy Services said it expects Q4 revenue of $172M to $184M, following progress on integrating Wolf Pack.
Why it matters
The Q4 revenue range points to a sequential decline from Q3 revenue of $186 million, as management cited Wolf Pack integration progress.