ChampionX (CHX) Tops Q4 EPS by 2c
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ChampionX Reports Fourth Quarter and Full Year 2021 Results
February 9, 2022 4:30 PM ESTRevenue of $822.1 million in Q421Net income attributable to ChampionX of $43.4 million in Q421; adjusted net income of $54.2 millionAdjusted EBITDA of $133.1 million in Q421; adjusted EBITDA margin expansion of 110 basis points sequentiallyCash from operating activities of $88.4 million and free cash flow of $71.0 million (9% of revenue) in Q421Repaid $46.7 million of debt in Q421; achieved 1.0 times net leverage in Q421Initiating a regular quarterly cash dividend of $0.075 per share of common stock
THE WOODLANDS, Texas, Feb. 09, 2022 (GLOBE NEWSWIRE) --... More
