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KLX Inc (KLXI.OQ)

KLXI.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

KLX Announces Review Of Strategic Alternatives To Maximize Shareholder Value
Friday, 22 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

Deals of the day-Mergers and acquisitions

Dec 26 Dec 26 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday: