DXP Enterprises Q2 sales $367.8M (+28.7% YoY), net income $14.4M, EPS $0.74

DXP ENTERPRISES INC

2022-Q2 EPS reported $1.39 revenue$687,223,000

Sales $367.8M, up 28.7% YoY and 15.2% sequentially.
Net income $14.4M vs $8.1M in Q2 2021; GAAP diluted EPS $0.74.
Adjusted EBITDA of $32.6M.
Closed acquisition of Cisco Air Systems, Inc.
Strong year-over-year revenue and profit growth driven by industrial distribution demand.

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