KLX Inc. (NASDAQ:KLXI), Wellington, FL, reported sales for the third quarter of $389 million, a 6.6 percent increase year-over-year. Profit for the third quarter was $19.8 million, as compared to a loss of $400.8 million in the third quarter last year.
For the first nine months, the company reported sales of $1.1 billion, a 5 percent decrease year-over-year. Profit for the period was $35.6 million, as compared to a loss of $375.5 million in the same period last year.