ChampionX (CHX) Misses Q1 EPS by 2c
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ChampionX Reports First Quarter 2022 Results
April 26, 2022 4:30 PM EDTRevenue of $866.0 million, increased 26% year-over-year, and 5% sequentiallyNet income attributable to ChampionX of $36.7 million; adjusted net income of $45.5 millionAdjusted EBITDA of $124.8 million, increased 32% year-over-year, and decreased 6% sequentiallyCash from operating activities of $(43.1) million and free cash flow of $(61.0) million, driven by investment in working capital
THE WOODLANDS, Texas, April 26, 2022 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ: CHX) (ChampionX or the Company)Â today announced first quarter of 2022 results. Revenue was $866.0 million, net income attributable to ChampionX was $36.7 million, and adjusted EBITDA was $124.8... More
