DXP Enterprises (DXPE) Misses Q3 EPS by 3c

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DXP Enterprises, Inc. Reports Third Quarter 2023 Results

November 8, 2023 5:38 PM EST

$27.2 million in cash $419.2 million in sales, an 8.2 percent year-over-year increase $1,271.6 million in year to date sales, an 18.3 percent year-over-year increase Diluted earnings per share of $0.93, up 31.0 percent compared to Q3 2022 $44.0 million in earnings before interest, taxes, depreciation & amortization and other non-cash charges ("Adjusted EBITDA") Free Cash Flow of $38.3 million and $56.7 million for the three and nine months ended September 30, 2023 Post Q3, successfully reduced borrowing costs by fifty basis points and raised an incremental $125 million

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises,... More