AI brief of an SEC Form 8-K · DXP Enterprises (DXPE)

DXP Enterprises Q2 sales rise 4.1% to $445.6 million; EPS falls to $1.00

Mixed Impact 3 of 5 earnings Written later

DXP Enterprises reported second quarter 2024 results on August 8, 2024. Sales rose 4.1% year over year to $445.6 million, but diluted EPS fell to $1.00 from $1.06 and net income declined to $16.7 million from $19.1 million. Adjusted EBITDA rose to $48.2 million from $45.3 million, and the company said it expects to close at least two more acquisitions in the second half of 2024.

Key points

  • Sales of $445.6 million, up 4.1% from $428.0 million a year earlier and up 8.0% from $412.6 million in the first quarter of 2024
  • Diluted EPS of $1.00 versus $1.06 a year earlier; adjusted diluted EPS of $1.02 versus $1.06
  • Adjusted EBITDA of $48.2 million, up from $45.3 million, with a 10.8% margin versus 10.6%
  • Free cash flow of $30.0 million for the six months ended June 30, 2024; four acquisitions completed through the second quarter

The filing

CompanyDXP Enterprises (DXPE)
Form8-K, current report
Filed with the SECAug 8, 2024, 5:00 PM ET
Accession number0001020710-24-000070

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 08, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.