ChampionX reported Q3 2024 results with revenue of $906.5 million, net income of $72.0 million, and adjusted EBITDA of $197.5 million. The company generated $141.3 million in cash from operating activities and $108.1 million in free cash flow. Despite a 4% year-over-year decrease in revenue, adjusted EBITDA margin reached a company high of 21.8%.
Revenue was $906.5 million.
Net income attributable to ChampionX was $72.0 million.
Adjusted EBITDA was $197.5 million.
Free cash flow was $108.1 million.
ChampionX discontinued providing quarterly guidance given the pending acquisition of ChampionX by SLB.
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