DXP Q2 sales up 16.4% YoY to $428M; GAAP EPS $1.06

DXP ENTERPRISES INC

2023-Q2 EPS reported $2.01 revenue$852,307,000

Sales $428.0M (+16.4% YoY); net income $19.0M vs $14.4M in Q2 2022.
GAAP diluted EPS $1.06; Adjusted EBITDA $45.3M.
Completed acquisitions of Riordan Materials, Florida Valve & Equipment, and Environmental MD.
Cash and cash equivalents $15.5M at June 30, 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DXP ENTERPRISES INC reported second quarter ended June 30, 2023 results: revenue $428.0 million, net income Net income attributable to common shareholders of $19.0 million, EPS GAAP diluted EPS of $1.06.

Period: second quarter ended June 30, 2023
Revenue: $428.0 million
Net income: Net income attributable to common shareholders of $19.0 million
EPS: GAAP diluted EPS of $1.06
Result: reported results

Exact text from the filing

CONTACT: Kent Yee Senior Vice President, CFO www.dxpe.com THE INDUSTRIAL DISTRIBUTION EXPERTS DXP ENTERPRISES, INC. REPORTS SECOND QUARTER 2023 RESULTS • $15.5 million in cash • $428.0 million in sales, a 16.4 percent year-over-year increase • Net income attributable to common shareholders of $19.0 million versus $14.4 million compared to Q2 2022 • GAAP diluted EPS of

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Source: SEC EDGAR

accession 0001020710-23-000088

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