ChampionX reports Q4 adjusted EPS 50c, consensus 49c

Reports Q4 revenue $912.04M, consensus $942.11M. “2024 was a year in which we continued to demonstrate the unique nature of ChampionX’s (CHX) cash flow resiliency, driven by the strength of our high-margin operating model and capital-light portfolio of businesses. We delivered robust adjusted EBITDA margin expansion and generated strong free cash flow. Our differentiated performance is the direct result of our employees around the world remaining committed to serving our customers well and living our continuous improvement culture daily. I am thankful and humbled to lead such a remarkably dedicated team,” ChampionX’s president and CEO Sivasankaran Somasundaram said.