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07.08.25 - 00:06
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DXP Enterprises, Inc. Reports Second Quarter 2025 Results (Business Wire)
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$112.9 million in cash
$498.7 million in sales, a 4.6 percent sequential and 11.9 percent year-over-year increase
GAAP diluted EPS of $1.43
$57.3 million in earnings before interest, taxes, depreciation & amortization and other non-cash charges ("Adjusted EBITDA")
Completed two acquisitions through Q2 and one subsequent to quarter end
HOUSTON--(BUSINESS WIRE)--#DXPE--DXP Enterprises, Inc. ("DXP" or the "Company") (NASDAQ: DXPE) today announced financial results for the second quarter ended June 30, 2025. The following are results for the three months ended June 30, 2025, compared to the three months ended June 30, 2024, and March 31, 2025, where appropriate. A reconciliation of the non-GAAP financial measures can be found in the back of this press release.
Second Quarter 2025 Financial Highlights:
Sales increased 11.9 percent to $498.7 million compared to $445.6 million for the second quarter of 2024 and increased 4.6 percent sequentially from $476.6 million for the first qua...
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01.08.25 - 01:42
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DXP Enterprises, Inc. Announces Second Quarter 2025 Earnings Release and Conference Call (Business Wire)
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HOUSTON--(BUSINESS WIRE)--#dxpe--DXP Enterprises, Inc. (the “Company”) (NASDAQ: DXPE), a leading business to business products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every industry, plans to issue a press release announcing its financial results for the quarter ended June 30, 2025, on Wednesday, August 6th. The earnings announcement will be released after the market closes. DXP will host a conference call, to be webcast live, on the Company's website (www.dxpe.com) at 10:30 AM Central Time on Thursday, August 7th.
The call and an accompanying slide presentation will be on the "Investor Relations" section of DXP's website at www.dxpe.com. A replay of the webcast will be available shortly after the conclusion of the presentation.
DXP's earnings press release, slides and other related presentation materials will be posted to the "Investor Relations" section of DXP's website under the subheading "Financial...
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08.07.25 - 21:06
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DXP Enterprises, Inc. Announces Amendment of ABL Revolver (Business Wire)
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Increases size of ABL from $135 million to $185 million
Continues to align capital structure with actions to support strategy
Maintains liquidity and continues to support accelerating acquisition strategy
HOUSTON--(BUSINESS WIRE)--#DXPE--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that on July 1, 2025, DXP Enterprises, Inc. (the “Company”) entered into an Increase Agreement (the “Increase Agreement”) by and among the Company and certain of the Company's subsidiaries as borrowers, certain other subsidiaries of the Company as guarantors, pursuant to which the aggregate commitments under the Company's existing asset-based revolving credit facility (the “ABL Facility”) were increased by $50 million. Following the effectiveness of the Increase Agreement, the total commitments under the ABL Facility increased from $135 million to $185 million.
The ABL Facility now provides for asset-based revolving loans in an aggregate principal amount of up to $185.0 million, with up to $175.0 million t...
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07.07.25 - 14:06
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DXP Enterprises, Inc. Announces Acquisition of Moores Pump & Services, Inc. (Business Wire)
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Complements DXP's rotating equipment division
Adds scale, and enhanced capabilities
Full-service rotating equipment service & repair capabilities
HOUSTON--(BUSINESS WIRE)--#DXPE--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Moores Pump & Services, Inc. (“Moores”). Founded in 1972, Moores is headquartered and operates in Broussard, Louisiana, servicing the Gulf Coast region of the U.S. Moores is a leading provider of products and services including fabrication and repairs of rotating equipment and pumping systems. DXP funded the acquisition with cash from the balance sheet.
“We are pleased to announce the acquisition of Moores and welcome the employees of Moores to the DXP team. With Moores, we continue to build on our strategy of providing a breadth of technical products and services on the regional and local level. With the closing of Moores, we have completed three acquisitions in fiscal 2025. Each company provides DXP with exceptional management t...
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