ChampionX Q2 Adjusted Earnings, Revenue Decline -- Shares Fall After Hours

MT Newswires Live07-25

ChampionX (CHX) reported Q2 adjusted diluted earnings late Wednesday of $0.37 per share, down from $0.51 a year earlier.

Analysts polled by Capital IQ expected $0.47.

Revenue for the quarter ended June 30 was $893.3 million, down from $926.6 million a year earlier.

Analysts surveyed by Capital IQ expected $951.8 million.

Shares of ChampionX fell nearly 1% in after-hours trading.

Price: 33.77, Change: -0.31, Percent Change: -0.91

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