Championx reports fourth quarter and full year 2023 results, increases share repurchase authorization to $1.5 billion and raises quarterly dividend by 12%

The woodlands, texas, feb. 05, 2024 (globe newswire) -- championx corporation (nasdaq: chx) (“championx” or the “company”) today announced fourth quarter of 2023 and full year 2023 results. for the fourth quarter of 2023, revenue was $943.6 million, net income attributable to championx was $77.2 million, and adjusted ebitda was $198.1 million. income before income taxes margin was 12.1%, and adjusted ebitda margin was 21.0%. cash provided by operating activities was $169.0 million, and free cash flow was $139.8 million.
CHX Ratings Summary
CHX Quant Ranking