KLX Energy Services Holdings Inc (NAS:KLXE)
$ 5.905 -0.125 (-2.07%) Market Cap: 99.56 Mil Enterprise Value: 368.87 Mil PE Ratio: 0 PB Ratio: 39.37 GF Score: 52/100

Q3 2019 KLX Energy Services Holdings Inc Earnings Call Transcript

Dec 05, 2019 / 02:00PM GMT
Release Date Price: $21.15 (-19.89%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the KLX Energy Services Third Quarter 2019 Earnings Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions) I would now like to hand the conference over to your speaker today, Michael Perlman, Treasurer and Senior Director of Investor Relations. Please go ahead, sir.

Michael Perlman
KLX Energy Services Holdings, Inc. - Treasurer and Senior Director of IR

Thank you, Sonia. Good morning and thank you for joining us. Today, we are here to discuss KLX Energy Services' financial results for the third quarter ended October 31, 2019. For comparative purposes, we have presented our financial results adjusted to exclude costs associated with the company's major downsizing program and its noncash asset impairment charge as described in the company's pre-announcement on November 19. These costs are collectively referred to as costs as defined. The company's earnings news release, which was issued earlier this morning, presents our results.

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