Q2 sales $285.5M (+16.2% sequential), GAAP EPS $0.40; aged payables error to cut liabilities $8-12M, 10-Q delayed

DXP ENTERPRISES INC

2021-Q2 EPS reported $0.42 revenue$531,278,000

Sales $285.5 million, up 16.2% sequentially; GAAP diluted EPS $0.40.
Free cash flow $6.8 million; cash and equivalents $79.3 million.
Closed acquisition of Carter & Verplanck.
Identified $8-$12 million in invalid aged purchase orders; will reduce trade payables and increase retained earnings.
Form 10-Q for Q2 2021 delayed; expects filing by September 15, 2021.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.