ChampionX Reports Fourth Quarter and Full Year 2023 Results, Increases Share Repurchase Authorization to $1.5 Billion and Raises Quarterly Dividend by 12%

Fourth-quarter revenue of $943.6 million decreased 4% year-over-year, flat sequentially Fourth-quarter net income attributable to ChampionX of $77.2 million increased 14% year-over-year, and decreased 1% sequentially Fourth-quarter adjusted EBITDA of $198.1 million increased 10% year-over-year, flat sequentially Fourth-quarter cash from operating activities of $169.0 million and free cash flow of $139.8 million  Full-year net income attributable to ChampionX of $314.2 million increased 103% year-over-year Full-year adjusted EBITDA of $771.2 million … Read more