DXP Enterprises (DXPE) Misses Q1 EPS by 18c

Go back to DXP Enterprises (DXPE) Misses Q1 EPS by 18c

DXP Enterprises Announces 2015 First Quarter Results

May 7, 2015 4:00 PM EDT

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. (NASDAQ: DXPE) today announces results for its first quarter ended March 31, 2015. The following are results for the three months ended March 31, 2015 compared to the three months ended March 31, 2014. A reconciliation of the Non-GAAP Financial Measures is in the back of this press release.

DXP Enterprises 2015 first quarter financial highlights:

Sales were $341.6 million for the first quarter of 2015, compared to $348.5 million for the first quarter of 2014, a decrease of 2.0%. Organic sales decreased 5.2%, acquisitions positively impacted sales by $11.3 million.... More