Articles from DXP Enterprises, Inc.

DXP Enterprises Completes Two Acquisitions
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that is has completed the acquisitions of Burt Gurney & Associates (“BGA”) and MaxVac Inc. (“MaxVac”). DXP funded the acquisitions with cash on the balance sheet.
By DXP Enterprises, Inc. · Via Business Wire · November 6, 2024
DXP Enterprises, Inc. Reports Third Quarter 2024 Results
DXP Enterprises, Inc. ("DXP" or the "Company") (NASDAQ: DXPE) today announced financial results for the third quarter ended September 30, 2024. The following are results for the three months ended September 30, 2024, compared to the three months ended September 30, 2023, and June 30, 2024, where appropriate. A reconciliation of the non-GAAP financial measures can be found in the back of this press release.
By DXP Enterprises, Inc. · Via Business Wire · November 4, 2024
DXP Enterprises, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call
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 third quarter ended September 30, 2024, on Monday, November 4th. The earnings announcement will be released after the U.S. stock market closes. DXP will host a conference call, to be web cast live, on the Company’s website (www.dxpe.com) at 10:30 AM Central Time on Tuesday, November 5th.
By DXP Enterprises, Inc. · Via Business Wire · October 31, 2024
DXP Enterprises, Inc. Refinances Existing Debt and Raises an Incremental $105M to Drive Growth
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has closed on refinancing existing Senior Secured Term Loan B (“TLB”) borrowings and raising an incremental $105 million in TLB borrowings. Including the new borrowings, DXP will have $649.5 million in Senior Secured Term Loan B borrowings. The TLB borrowings mature on October 13, 2030, and are priced at Term SOFR plus an applicable margin of 3.75 percent.
By DXP Enterprises, Inc. · Via Business Wire · October 8, 2024
DXP Enterprises, Inc. Announces Acquisition of Hartwell Environmental Corporation
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Hartwell Environmental Corporation (“Hartwell”). Founded in 1976, Hartwell is headquartered in Tomball, Texas and operates out of three locations servicing the Texas, Oklahoma and surrounding markets.
By DXP Enterprises, Inc. · Via Business Wire · September 4, 2024
DXP Enterprises, Inc. Announces New Share Repurchase Program
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that its Board of Directors authorized a new stock repurchase program (the “program”) under which up to $85.0 million or 2.5 million shares of its outstanding common stock may be acquired in the open market over the next 24 months at the discretion of management. This is after the successful completion of the previous program, whereby, the Company completed the repurchase of $85 million or 2.8 million shares, under the 2-year program which began in December of 2022.
By DXP Enterprises, Inc. · Via Business Wire · August 28, 2024
DXP Enterprises, Inc. Reports Second Quarter 2024 Results
DXP Enterprises, Inc. ("DXP" or the "Company") (NASDAQ: DXPE) today announced financial results for the second quarter ended June 30, 2024. The following are results for the three months ended June 30, 2024, compared to the three months ended June 30, 2023, and March 31, 2024, where appropriate. A reconciliation of the non-GAAP financial measures can be found in the back of this press release.
By DXP Enterprises, Inc. · Via Business Wire · August 8, 2024
DXP Enterprises, Inc. Announces Second Quarter 2024 Earnings Release and Conference Call
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 second quarter ended June 30, 2024, on Thursday, August 8th. The earnings announcement will be released after the market closes. DXP will host a conference call, to be web cast live, on the Company’s website (www.dxpe.com) at 10:30 AM Central Time on Friday, August 9th.
By DXP Enterprises, Inc. · Via Business Wire · August 2, 2024
DXP Enterprises, Inc. Reports First Quarter 2024 Results
DXP Enterprises, Inc. ("DXP" or the "Company") (NASDAQ: DXPE) today announced financial results for the first quarter ended March 31, 2024. The following are results for the three months ended March 31, 2024, compared to the three months ended March 31, 2023 and December 31, 2023, where appropriate. A reconciliation of the non-GAAP financial measures can be found in the back of this press release.
By DXP Enterprises, Inc. · Via Business Wire · May 8, 2024
DXP Sets Date for 2024 First Quarter Earnings Release and Conference Call
DXP Enterprises, Inc. (NASDAQ:DXPE), a leading 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 first quarter ended March 31, 2024, on Wednesday, May 8th, after the market closes. DXP will host a conference call, to be web cast live, on the Company’s website (www.dxpe.com) at 10:30 A.M. Central Time on Thursday, May 9th.
By DXP Enterprises, Inc. · Via Business Wire · May 3, 2024
DXP Enterprises Reports Fourth Quarter and Fiscal 2023 Results
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced financial results for the fourth quarter and fiscal year ended December 31, 2023. The following are results for the three and twelve months ended December 31, 2023, compared to the three and twelve months ended December 31, 2022. A reconciliation of the non-GAAP financial measures can be found in the back of this press release.
By DXP Enterprises, Inc. · Via Business Wire · March 7, 2024
DXP Enterprises, Inc. Announces Acquisition of Pro-Seal, Inc.
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Pro-Seal, Inc. (“Pro-Seal”). Founded in 1987, Pro-Seal is headquartered in Pontiac, Michigan and operates out of two locations servicing the Great Lakes Region of the U.S. and all of Alaska.
By DXP Enterprises, Inc. · Via Business Wire · March 5, 2024
DXP Sets Date for 2023 Fourth Quarter and Year End Earnings Release and Conference Call
DXP Enterprises, Inc. (NASDAQ:DXPE), a leading 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 fourth quarter and year ended December 31, 2023, on Thursday, March 7th. The earnings announcement will be released before the market opens. DXP will host a conference call, to be webcast live, on the Company’s website (www.dxpe.com) at 3:30 PM Central Time on that same day.
By DXP Enterprises, Inc. · Via Business Wire · March 4, 2024
DXP Enterprises, Inc. Announces Acquisition of Kappe Associates, Inc.
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Kappe Associates, Inc. (“Kappe”). Founded in 1946, Kappe is headquartered in Frederick, Maryland and operates out of three locations servicing Maryland, the District of Columbia, Delaware, Virginia, Pennsylvania, Southern New Jersey, and West Virginia.
By DXP Enterprises, Inc. · Via Business Wire · February 5, 2024
DXP Enterprises, Inc. Completes Strategic Acquisition
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that is has completed the acquisitions of Hennesy Mechanical Sales LLC. DXP funded the acquisitions with cash on the balance sheet.
By DXP Enterprises, Inc. · Via Business Wire · January 8, 2024
DXP Enterprises, Inc. Reports Third Quarter 2023 Results
DXP Enterprises, Inc. (the "Company" or "DXPE") (NASDAQ: DXPE) today announced financial results for the third quarter ended September 30, 2023. The following are results for the three months ended September 30, 2023, compared to the three months ended September 30, 2022, and for the three months ended June 30, 2023, where appropriate. A reconciliation of the non-GAAP financial measures can be found in the back of this press release.
By DXP Enterprises, Inc. · Via Business Wire · November 8, 2023
DXP Sets Date for 2023 Third Quarter Earnings Release and Conference Call
DXP Enterprises, Inc. (NASDAQ:DXPE), a leading 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 third quarter ended September 30, 2023, on Thursday, November 9th. The earnings announcement will be released before the market opens. DXP will host a conference call, to be web cast live, on the Company’s website (www.dxpe.com) at 10:00 A.M. Central Time on that same day.
By DXP Enterprises, Inc. · Via Business Wire · November 6, 2023
DXP Enterprises, Inc. Completes Acquisition of Alliance Pump & Mechanical Service, Inc.
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced the completion of the acquisition of Alliance Pump & Mechanical Service, Inc (“Alliance”), a leading municipal and industrial pump sales, service, and repair company. DXP funded the acquisition with cash on the balance sheet.
By DXP Enterprises, Inc. · Via Business Wire · November 3, 2023
DXP Enterprises, Inc. Refinances Existing Debt and Raises an Incremental $125M to Drive Acquisition Growth
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has closed on refinancing existing Senior Secured Term Loan B (“TLB”) borrowings and raising an incremental $125 million in TLB borrowings. Including the new borrowings, DXP will have $550.0 million in Senior Secured Term Loan B borrowings. The TLB borrowings mature on October 30, 2030, and are priced at Term SOFR plus an applicable margin of 4.75 percent.
By DXP Enterprises, Inc. · Via Business Wire · October 16, 2023
DXP Enterprises, Inc. Reports Second Quarter 2023 Results
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced financial results for the second quarter ended June 30, 2023. The following are results for the three months ended June 30, 2023, compared to the three months ended June 30, 2022. A reconciliation of the non-GAAP financial measures can be found in the back of this press release.
By DXP Enterprises, Inc. · Via Business Wire · August 8, 2023
DXP Sets Date for 2023 Second Quarter Earnings Release and Conference Call
DXP Enterprises, Inc. (NASDAQ:DXPE), a leading 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 second quarter ended June 30, 2023, on Tuesday, August 8th. The earnings announcement will be released after the market closes. DXP will host a conference call, to be web cast live, on the Company’s website (www.dxpe.com) at 10:00 A.M. Central Time on Wednesday, August 9th.
By DXP Enterprises, Inc. · Via Business Wire · August 3, 2023
DXP Enterprises, Inc. Appoints David Molero Chief Accounting Officer
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that David Molero has been appointed as DXP’s new Chief Accounting Officer, effective May 22, 2023. Mr. Molero is a certified public accountant and has over 17 years of experience in accounting within a public company environment and most recently as a Chief Accounting Officer of another publicly traded company. David replaces Eugene Padgett, who resigned on October 10, 2022. Mr. Molero will be an integral leader on the accounting and finance team overseeing the Company’s accounting, tax, SOX, and SEC reporting functions, and will be reporting directly to Kent Yee, SVP and Chief Financial Officer.
By DXP Enterprises, Inc. · Via Business Wire · May 24, 2023
DXP Enterprises, Inc. Reports First Quarter 2023 Results
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced financial results for the first quarter ended March 31, 2023. The following are results for the three months ended March 31, 2023, compared to the three months ended March 31, 2022. A reconciliation of the non-GAAP financial measures can be found in the back of this press release.
By DXP Enterprises, Inc. · Via Business Wire · May 11, 2023
DXP Sets Date for 2023 First Quarter Results and Earnings Call
DXP Enterprises, Inc. (NASDAQ:DXPE), a leading 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 first quarter ended March 31, 2023, on Thursday, May 11th. The earnings announcement will be released after the market closes on May 11th. DXP will host a conference call, to be webcast live, on the Company’s website (www.dxpe.com) at 10:00 A.M. Central Time on Friday, May 12th.
By DXP Enterprises, Inc. · Via Business Wire · May 11, 2023
DXP Enterprises Provides Update on Fiscal 2023 Q1 Financial Performance
DXP Enterprises, Inc. (NASDAQ: DXPE), is pleased to provide shareholders with a preannouncement of DXP’s financial performance for the first quarter ending March 31, 2023, which features significant growth in sales, operating income, earnings before interest, taxes, depreciation, and amortization ("EBITDA") and diluted earnings per common share (“EPS”).
By DXP Enterprises, Inc. · Via Business Wire · May 10, 2023