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ChampionX Reports Fourth Quarter and Full Year 2021 Results

Globe Newswire - Wed Feb 9, 2022

THE WOODLANDS, Texas, Feb. 09, 2022 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ: CHX) (“ChampionX” or the “Company”) today announced fourth quarter of 2021 and full year 2021 results. For the fourth quarter of 2021, revenue was $822.1 million, net income attributable to ChampionX was $43.4 million, and adjusted EBITDA was $133.1 million. Income before income taxes margin was 6.1%, and adjusted EBITDA margin was 16.2%. Cash provided by operating activities was $88.4 million, and free cash flow was $71.0 million.

Read more at globenewswire.com

Provided Content: Content provided by Globe Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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