earnings
confidence high
sentiment positive
materiality 0.65
DXP Enterprises Q2 sales up 4.1% YoY to $445.6M; diluted EPS $1.00
DXP ENTERPRISES INC
2024-Q2 EPS reported
$1.66
revenue$858,191,000
- GAAP diluted EPS of $1.00; Adjusted EBITDA of $48.2M.
- Sales $445.6M, up 8.0% sequentially and 4.1% YoY.
- Cash $49.9M; free cash flow $30.0M for first six months of 2024.
- Completed four acquisitions in Q2: two water, two industrial rotating equipment.
- Revenue growth driven by acquisitions and organic performance.