DXP Enterprises (DXPE) Reports Q4 EPS of $0.42

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Go back to DXP Enterprises (DXPE) Reports Q4 EPS of $0.42

DXP Enterprises Announces 2016 Fourth Quarter and Fiscal Year 2016 Results

March 31, 2017 7:00 AM EDT

Fiscal year 2016 sales of $962 million Solid full year GAAP diluted EPS of $0.49 Adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $55.2 million, or 5.7 percent of sales. Recorded $5.6 million gain on sale of Vertex from $31.5 million of proceeds Solid free cash flow of $43.1 million, excluding Q1 cash outflow of $9.4 million, free cash flow for fiscal 2016 was $52.5 million Net proceeds of $52.2 million via common stock offerings with the issuance of 2.7 million shares... More