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ChampionX Reports First Quarter 2022 Results

Globe Newswire - Tue Apr 26, 2022

THE WOODLANDS, Texas, April 26, 2022 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ: CHX) (“ChampionX” or the “Company”) today announced first quarter of 2022 results. Revenue was $866.0 million, net income attributable to ChampionX was $36.7 million, and adjusted EBITDA was $124.8 million. Income before income taxes margin was 5.1% and adjusted EBITDA margin was 14.4%. Cash from operating activities was $(43.1) million and free cash flow was $(61.0) million.

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