NASDAQ$CHX
ChampionX Corporation · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Apergy reported Q4 2019 results with revenue of $247.7 million and a net loss of $1.8 million.
Apergy Corporation reported Q4 2019 revenue of $247.7 million with a net loss of $1.8 million. Adjusted net income was $10.3 million and adjusted EBITDA was $44.6 million, which included $7.7 million of isolated charges. The company saw improved order rates in early 2020 and expects sequential revenue growth in Q1 2020. The merger with ChampionX is expected to close by the end of Q2 2020.
- Q4 2019 revenue was $247.7 million.
- Net loss attributable to Apergy was $1.8 million.
- Adjusted net income was $10.3 million.
- Adjusted EBITDA was $44.6 million, including $7.7 million of isolated charges.
Headline financials
Revenue & EPS history
ChampionX · Revenue · Quarterly
$245M
Revenue by segment
ChampionX · $248M total across 2 segments · Q4 2019
- Production & Automation Tech$204M—82.2%
- Drilling Technologies$44.1M—17.8%
Forward guidance
Apergy anticipates sequential improvement across its business in Q1-20. Consolidated revenue is expected to be between $255 to $265 million and adjusted EBITDA is expected to be between $50 to $56 million.
Tailwinds
- Consolidated revenue is expected to be between $255 to $265 million.
- Adjusted EBITDA is expected to be between $50 to $56 million.
- Depreciation & amortization expense ~$30 million
- Interest expense ~$9 million
- Effective tax rate 22% to 24%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 12 quarterly earnings reports
+0.7%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+3.6%
Avg return
30 days after
56%
19 / 34 earnings
Positive
+20.5%
Q3 2022
Best reaction
-11.8%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | — | — | — | |
| Q3 2025 | — | — | — | |
| Q2 2025 | — | — | — | |
| Q1 2025 | -2.2% | -0.4% | -2.3% | |
| Q4 2024 | -0.6% | +0.3% | +1.2% | |
| Q3 2024 | -1.8% | -1.5% | +5.5% | |
| Q2 2024 | -2.0% | -2.4% | -8.0% | |
| Q1 2024 | -0.3% | -1.7% | -6.5% | |
| Q4 2023 | +10.4% | +10.2% | +19.1% | |
| Q3 2023 | -8.4% | -12.6% | -13.2% | |
| Q2 2023 | +0.2% | +1.3% | +3.6% | |
| Q1 2023 | +0.1% | +1.4% | +2.7% | |
| Q4 2022 | -11.8% | -10.2% | -0.0% | |
| Q3 2022 | +20.5% | +17.3% | +27.5% | |
| Q2 2022 | -1.8% | +1.7% | +12.9% | |
| Q1 2022 | -1.6% | — | — | |
| Q4 2021 | -4.5% | — | — | |
| Q3 2021 | +2.8% | — | — | |
| Q2 2021 | +6.8% | — | — | |
| Q1 2021 | +4.8% | — | — | |
| Q4 2020 | +10.1% | — | — | |
| Q3 2020 | +5.5% | — | — | |
| Q2 2020 | +3.5% | — | — | |
| Q1 2020 | +5.9% | — | — | |
| Q4 2019 | -11.7% | — | — | |
| Q3 2019 | +0.5% | — | — | |
| Q2 2019 | +2.4% | — | — | |
| Q1 2019 | +1.5% | — | — | |
| Q4 2016 | +0.5% | — | — | |
| Q4 2018 | +0.5% | — | — | |
| Q3 2017 | +0.7% | — | — | |
| Q3 2018 | +0.7% | — | — | |
| Q2 2017 | +4.9% | — | — | |
| Q2 2018 | -1.2% | — | — | |
| Q1 2017 | -3.2% | — | — | |
| Q4 2017 | -3.2% | — | — | |
| Q1 2018 | -3.2% | — | — |
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