Edition:
India

KLX Inc (KLXI.OQ)

KLXI.OQ on NASDAQ Stock Exchange Global Select Market

69.13USD
23 Feb 2018
Change (% chg)

$1.03 (+1.51%)
Prev Close
$68.10
Open
$68.58
Day's High
$69.18
Day's Low
$67.75
Volume
111,522
Avg. Vol
145,029
52-wk High
$72.51
52-wk Low
$42.60

Latest Key Developments (Source: Significant Developments)

KLX Announces Review Of Strategic Alternatives To Maximize Shareholder Value
Saturday, 23 Dec 2017 

Dec 22 (Reuters) - KLX Inc ::KLX INC. ANNOUNCES REVIEW OF STRATEGIC ALTERNATIVES TO MAXIMIZE SHAREHOLDER VALUE.KLX INC - STRATEGIC ALTERNATIVES COULD INCLUDE, AMONGST OTHERS, A SALE OF CO OR A SALE OF A DIVISION OR DIVISIONS THEREOF.KLX INC - STRATEGIC ALTERNATIVES COULD ALSO INCLUDE BUSINESS COMBINATION OR CONTINUING AS STANDALONE ENTITY.KLX CEO SAYS "WE REMAIN CONFIDENT IN KLX'S STRATEGIC PLAN".  Full Article

KLX Inc Reports Qtrly Adj EPS Of $0.88
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Klx Inc ::REPORTS THIRD QUARTER 2017 FINANCIAL RESULTS: REVENUES UP 17.4%; OPERATING EARNINGS UP 56.7%; RAISES 2017 EPS GUIDANCE AND PROVIDES 2018 INITIAL OUTLOOK.SEES FY 2018 ADJUSTED EARNINGS PER SHARE ABOUT $3.80.SEES FY 2017 ADJUSTED EARNINGS PER SHARE ABOUT $3.10.Q3 EARNINGS PER SHARE $0.51.SEES FY 2018 REVENUE UP ABOUT 10 PERCENT.SEES FY 2017 REVENUE UP ABOUT 17 PERCENT.SEES FY 2018 REVENUE ABOUT $1.95 BILLION.SEES FY 2017 REVENUE ABOUT $1.75 BILLION.Q3 REVENUE $456.7 MILLION VERSUS I/B/E/S VIEW $442.2 MILLION.Q3 EARNINGS PER SHARE VIEW $0.78 -- THOMSON REUTERS I/B/E/S.QTRLY ADJUSTED EARNINGS PER SHARE $0.88‍​.  Full Article

KLX Inc Q1 adjusted EPS $0.42
Monday, 23 May 2016 

Klx Inc : When cost reduction initiatives completed, will have reduced esg headcount by up to 55%, from staffing levels in place at beginning of last fy . On may 17, 2016, klx acquired herndon for acquisition price of approximately $210 million in cash . Expect significant continuing headwinds from military and business jet customers during q2 . Klx inc. Reports first quarter ended april 30, 2016 financial results . Q1 revenue $368.2 million versus i/b/e/s view $383.6 million . Q1 adjusted earnings per share $0.42 .Q1 earnings per share view $0.30 -- Thomson Reuters I/B/E/S.  Full Article

KLX buys Herndon Aerospace & Defense, LLC
Tuesday, 17 May 2016 

KLX Inc: Bought Herndon Aerospace & Defense, LLC, a supply chain management, consumables hardware distributor . Deal for about $210 million, plus standard working capital adjustment; integration of Herndon business into existing klx aerospace distribution platform . Deal expected to be accretive to second half of 2016 financial results; deal expected to be substantially accretive to earnings in 2017 .Expect acquisition, integration and transition costs associated with transaction, aggregating to approximately $10 million through end of 2017.  Full Article

KLX hits record high as it explores strategic alternatives

Dec 26 Shares of U.S. aerospace parts distributor KLX Inc rose as much as 11 percent to record high on Tuesday, as it explores strategic alternatives including a sale of the company or one of its two businesses.