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KLX Energy Services Holdings, Inc. (KLXE) CEO Amin Khoury on Q4 2019 - Earnings Call Transcript

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KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) Q4 2019 Earnings Conference Call March 9, 2020 9:00 AM ET

Company Participants

Ryan Tyler - Vice President, Corporate Development, Financial Planning and Analysis

Amin Khoury - Chairman and Chief Executive Officer

Conference Call Participants

John Watson - Simmons Energy


Ladies and gentlemen, thank you for standing by and welcome to the KLX Energy Services Fourth Quarter 2019 Earnings Conference Call. At this time, all participant lines are in a listen-only mode. After the speakers presentation there will be a question-and-answer session. [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 Ryan Tyler, Vice President, Corporate Development, Financial Planning and Analysis. Thank you. Please go ahead sir.

Ryan Tyler

Thank you, Shannon. Good morning and thank you for joining us today. We are here to discuss KLX Energy Services financial results for the fourth quarter ended January 31, 2020. For comparative purposes, we have presented our financial results adjusted to exclude costs associated with the company's major downsizing program, new product service line introduction and related cost. 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. If you haven't received it, you'll find a copy on our website. We will begin with remarks from Amin Khoury, Chairman and Chief Executive Officer of KLX Energy Services; also on the call this morning is Tom McCaffrey, Senior Vice President and Chief Financial Officer.

For today's call, we have prepared a few slides to help you follow our discussion. You can find our presentation on the Investor Relations page of the KLX Energy Services website at klxenergy.com. In addition, copies of the slides are posted on our website

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