secwatch.observer — SEC 8-K summary
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Issuer:     DXP ENTERPRISES INC (DXPE)
CIK:        0001020710
Form:       8-K
Filed at:   2023-04-17T23:59:59+00:00
Accession:  0001020710-23-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DXP Enterprises fiscal 2022 sales $1.5B (+32.9%), net income $48.2M, EPS $2.47
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- Fiscal 2022 sales rose 32.9% YoY to $1.5B, driven by acquisitions and organic growth.
- GAAP diluted EPS was $2.47; net income of $48.2M vs $16.5M in fiscal 2021.
- Adjusted EBITDA was $126.8M, compared with $78.4M in the prior year.
- Closed four acquisitions (Burlingame, Drydon, Cisco, Sullivan) and repurchased 1.3M shares for $35.2M.
- Raised $105M in incremental Senior Secured Term Loan B; ended with $46.1M cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1020710/000102071023000041/0001020710-23-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1020710/000102071023000041/dxpe-20230414.htm
  HTML page:      https://secwatch.observer/filing/0001020710-23-000041

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