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2016 Press Releases

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12/08/16KLX Inc. Reports Third Quarter Financial Results: Strong Sales And Earnings Exceed Expectations
WELLINGTON, Fla., Dec. 08, 2016 (GLOBE NEWSWIRE) -- KLX Inc. (the “Company”) (NASDAQ:KLXI), the world’s leading distributor and value added service provider of aerospace fasteners and consumables, and a provider of services and products to the oil and gas exploration and production industry, today reported its third fiscal quarter ended October 31, 2016 financial results. On a GAAP basis, consolidated third quarter 2016 revenues of $389.0 million increased $24.0 million or 6.6 percent, oper... 
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11/28/16KLX Inc. Schedules 2016 Third Quarter Earnings Release and Conference Call for December 8, 2016
WELLINGTON, Fla., Nov. 28, 2016 (GLOBE NEWSWIRE) -- KLX Inc. (NASDAQ:KLXI) will issue its financial results for the quarter ended October 31, 2016 prior to the opening of the NASDAQ Stock Market on Thursday, December 8, 2016, and will hold a conference call to discuss the results at 9:00 a.m. Eastern Time on Thursday, December 8, 2016.  A live audio broadcast of the conference call, along with a supplemental presentation, will be available on the investor relations page of the KLX website at w... 
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11/23/16KLX Inc. to Participate at the Credit Suisse 4th Annual Industrials Conference in Manalapan, Florida on December 1, 2016
WELLINGTON, Fla., Nov. 23, 2016 (GLOBE NEWSWIRE) -- KLX Inc. (NASDAQ:KLXI), will participate in a question and answer “fireside chat” at the Credit Suisse 4th Annual Industrials Conference on Thursday, December 1, 2016. The presentation will begin at 8:45 a.m. Eastern Time. A live audio broadcast of the presentation will be available on the investor relations page of the Company’s website at www.klx.com.  About KLX Inc. KLX Inc., through its two operating segments, provides mission critic... 
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10/26/16KLX Inc.’s Aerospace Solutions Group Signs Lease for New Global Headquarters in Miami, FL
MIAMI, Oct. 26, 2016 (GLOBE NEWSWIRE) -- KLX Inc.’s Aerospace Solutions Group (“ASG”), the world’s leading distributor and value added service provider of aerospace fasteners and consumables, announced it has signed a build-to-suit lease for a new global headquarters and distribution hub totaling over 500,000 square feet. The relocation and expansion of ASG’s facilities highlights South Florida as one of the world’s fastest-growing logistics, trade and air transport hubs. “Our new Miami hea... 
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10/26/16KLX Inc. to Participate at the Goldman Sachs Industrials Conference in Boston on November 2, 2016
WELLINGTON, Fla., Oct. 26, 2016 (GLOBE NEWSWIRE) -- KLX Inc. (NASDAQ:KLXI), will participate in a question and answer “fireside chat” at the Goldman Sachs Industrials Conference on Wednesday, November 2, 2016. The presentation will begin at 8:00 a.m. Eastern Time. A live audio broadcast of the presentation will be available on the investor relations page of the Company’s website at www.klx.com. About KLX Inc. KLX Inc., through its two operating segments, provides mission critical products ... 
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10/20/16KLX Inc. Announces Major New Business Award
WELLINGTON, Fla., Oct. 20, 2016 (GLOBE NEWSWIRE) -- KLX Inc. (“KLX”) (NASDAQ:KLXI), the world’s leading distributor and value added service provider of aerospace fasteners and consumables, and a provider of services and products for the oil and gas industry, announces a major new business award for its Aerospace Solutions Group (“ASG”) business. The United States Department of Defense (“DOD”), Defense Logistics Agency (“DLA”) has awarded KLX a logistics services contract to provide a broad ra... 
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08/24/16KLX Inc. Reports Second Quarter Financial Results: Net Earnings and EPS Up ~30%
WELLINGTON, Fla., Aug. 24, 2016 (GLOBE NEWSWIRE) -- KLX Inc. (the “Company”) (NASDAQ:KLXI), the world’s leading distributor and value added service provider of aerospace fasteners and consumables, and a provider of services and products to the oil and gas exploration and production industry, today reported its second fiscal quarter ended July 31, 2016 financial results. SECOND QUARTER HIGHLIGHTS COMPARED TO FIRST QUARTER 2016 Consolidated revenues of $391.4 million increased 6.3 perce... 
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08/15/16KLX Inc. Schedules 2016 Second Quarter Earnings Release and Conference Call for August 24, 2016
WELLINGTON, Fla., Aug. 15, 2016 (GLOBE NEWSWIRE) -- KLX Inc. (NASDAQ:KLXI) will issue its financial results for the quarter ended July 31, 2016 prior to the opening of the NASDAQ Stock Market on Wednesday, August 24, 2016, and will hold a conference call to discuss the results at 9:00 a.m. Eastern Time on Wednesday, August 24, 2016.  A live audio broadcast of the conference call, along with a supplemental presentation, will be available on the investor relations page of the KLX website at www.... 
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08/04/16KLX Inc. to Participate at the Jefferies Industrials Conference in New York on August 11, 2016
WELLINGTON, Fla., Aug. 04, 2016 (GLOBE NEWSWIRE) -- KLX Inc. (NASDAQ:KLXI), will participate in a question and answer “fireside chat” at the Jefferies Industrials Conference on Thursday, August 11, 2016. The presentation will begin at 8:00 a.m. Eastern Time. A live audio broadcast of the presentation will be available on the investor relations page of the Company’s website at www.klx.com.  About KLX Inc. KLX Inc., through its two operating segments, provides mission critical products and ... 
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05/23/16KLX Inc. Reports First Quarter Ended April 30, 2016 Financial Results
WELLINGTON, Fla., May 23, 2016 (GLOBE NEWSWIRE) -- KLX Inc. (the “Company”) (NASDAQ:KLXI), the world’s leading distributor and value added service provider of aerospace fasteners and consumables, and a provider of services and products to the oil and gas exploration and production industry, today announced its first fiscal quarter 2016 financial results. FIRST QUARTER ENDED APRIL 30, 2016 HIGHLIGHTS COMPARED WITH PRIOR YEAR Consolidated revenues of $368.2 million declined 14.7 percent... 
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05/19/16KLX Inc. to Participate at the KeyBanc Conference in Boston on June 2, 2016
WELLINGTON, Fla., May 19, 2016 (GLOBE NEWSWIRE) -- KLX Inc. (NASDAQ:KLXI), will participate in a question and answer “fireside chat” at the KeyBanc Capital Markets Industrial, Automotive & Transportation Conference on Thursday, June 2, 2016. The presentation will begin at 8:00 a.m. Eastern Time. A live audio broadcast of the presentation will be available on the investor relations page of the Company’s website at www.klx.com.  About KLX Inc. KLX Inc., through its two operating segment... 
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05/17/16KLX Inc. Acquires Aftermarket Aerospace Distribution Business
WELLINGTON, Fla., May 17, 2016 (GLOBE NEWSWIRE) -- KLX Inc. (“KLX”) (NASDAQ:KLXI), the world’s leading distributor and value added service provider of aerospace fasteners and consumables, and a provider of services and products for the oil and gas industry, today announced that it has acquired Herndon Aerospace & Defense, LLC (“Herndon”), a leading supply chain management and consumables hardware distributor serving principally military depot aftermarket customers, as well as commercial ae... 
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05/10/16KLX Inc. Schedules 2016 First Quarter Earnings Release and Conference Call for May 23, 2016
WELLINGTON, Fla., May 10, 2016 (GLOBE NEWSWIRE) -- KLX Inc. (NASDAQ:KLXI) will issue its financial results for the quarter ended April 30, 2016 prior to the opening of the NASDAQ Stock Market on Monday, May 23, 2016, and will hold a conference call to discuss the results at 8:00 a.m. Eastern Time on Monday, May 23, 2016. A live audio broadcast of the conference call, along with a supplemental presentation, will be available on the investor relations page of the KLX website at www.klx.com. A... 
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03/08/16KLX Inc. Reports Full Year and Fourth Quarter Ended January 31, 2016 Financial Results
WELLINGTON, Fla., March 08, 2016 (GLOBE NEWSWIRE) -- KLX Inc. (the “Company”) (NASDAQ:KLXI), the world’s leading distributor and value added service provider of aerospace fasteners and consumables, and a provider of services and products to the oil and gas exploration and production industry, today announced its full fiscal year and fourth fiscal quarter 2015 financial results. As a result of the change in our year end from December 31 to a January 31 year end, we have presented our full fisca... 
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03/02/16KLX Inc. to Take $11 Million After-Tax Charge in the Fourth Quarter of 2015 Associated With Cost Reduction Initiatives
WELLINGTON, Fla., March 02, 2016 (GLOBE NEWSWIRE) -- KLX Inc. (NASDAQ:KLXI), today announced that it expects to recognize fourth quarter charges associated with its cost reduction initiatives. Although the cost reduction activities and charges principally relate to its Energy Services Group segment (“ESG”), approximately 30 percent relates to efficiency initiatives in our Aerospace Solutions Group segment (“ASG”). The charges reflect costs associated with facilities consolidation, workforce r... 
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02/16/16KLX Inc. Schedules 2015 Fourth Quarter and Year End Earnings Release and Conference Call for March 8, 2016
WELLINGTON, Fla., Feb. 16, 2016 (GLOBE NEWSWIRE) -- KLX Inc. (NASDAQ:KLXI) will issue its financial results for the quarter and year ended January 31, 2016 prior to the opening of the NASDAQ Stock Market on Tuesday, March 8, 2016, and will hold a conference call to discuss the results at 9:00 a.m. Eastern Time on Tuesday, March 8, 2016.  A live audio broadcast of the conference call, along with a supplemental presentation, will be available on the investor relations page of the KLX website at ... 
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01/25/16KLX Inc. to Participate at the Cowen and Company Conference in New York on February 4, 2016
WELLINGTON, Fla., Jan. 25, 2016 (GLOBE NEWSWIRE) -- KLX Inc. (NASDAQ:KLXI), will participate in a question and answer “fireside chat” at the Cowen and Company Aerospace/Defense Conference on Thursday, February 4, 2016. The presentation will begin at 9:45 a.m. Eastern Time. A live audio broadcast of the presentation will be available on the investor relations page of the Company’s website at www.klx.com. About KLX Inc. KLX Inc., through its two operating segments, provides mission critical... 
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01/07/16KLX Inc. to Initiate Repurchase of Up to $100 Million of Its Common Stock
WELLINGTON, Fla., Jan. 07, 2016 (GLOBE NEWSWIRE) -- KLX Inc. (NASDAQ:KLXI), the world’s leading distributor and value added service provider of aerospace fasteners and consumables, and a provider of services and products to the oil and gas industry, announced today that it plans to repurchase up to $100 million of its common stock under its previously authorized $250 million share repurchase program. Amin Khoury, KLX’s Chairman and Chief Executive Officer, stated, “While we are in the early... 
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