DXP Enterprises reports fiscal 2023 sales up 13.4% to $1.7B, GAAP EPS $3.89

DXP ENTERPRISES INC

Fiscal 2023 sales $1.7B, up 13.4% YoY; net income $68.8M vs $48.2M.
GAAP diluted EPS $3.89; Adjusted EBITDA $174.3M.
Repurchased 1.7M shares for $54.7M; refinanced $550M term loan.
Closed three acquisitions: Florida Valve, Riordan, Alliance Pump.
Cash and restricted cash $173.2M at year-end.

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 0.7

DXP ENTERPRISES INC reported financial results for the fourth quarter ended December 31, 2023.

Period: the fourth quarter ended December 31, 2023
Result: reported results

Exact text from the filing

On March 7, 2024, DXP Enterprises, Inc., issued a press release announcing financial results for the fourth quarter ended December 31, 2023.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DXP ENTERPRISES INC reported the fiscal year ended December 31, 2023 results: revenue $1.7 billion, net income $68.8 million, EPS $3.89.

Period: the fiscal year ended December 31, 2023
Revenue: $1.7 billion
Net income: $68.8 million
EPS: $3.89
Result: reported results

Exact text from the filing

Fiscal 2023 sales of $1.7 billion, up 13.4 percent from fiscal 2022 • Solid full Year GAAP diluted EPS of $3.89

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DXP ENTERPRISES INC filing history →

Source: SEC EDGAR

accession 0001020710-24-000022

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