Articles from DXP Enterprises, Inc.

DXP Enterprises, Inc. (NASDAQDXPE) 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.

DXP Enterprises, Inc. ("DXP" or the "Company") (NASDAQDXPE) 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.

DXP Enterprises, Inc. (the “Company”) (NASDAQDXPE), 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.

DXP Enterprises, Inc. (NASDAQDXPE) 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.

DXP Enterprises, Inc. (NASDAQDXPE) 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.

DXP Enterprises, Inc. (NASDAQDXPE) 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.

DXP Enterprises, Inc. ("DXP" or the "Company") (NASDAQDXPE) 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.

DXP Enterprises, Inc. (the “Company”) (NASDAQDXPE), 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.

DXP Enterprises, Inc. ("DXP" or the "Company") (NASDAQDXPE) 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.

DXP Enterprises, Inc. (NASDAQDXPE), 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.

DXP Enterprises, Inc. (NASDAQDXPE) 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.

DXP Enterprises, Inc. (NASDAQDXPE) 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.

DXP Enterprises, Inc. (NASDAQDXPE), 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.

DXP Enterprises, Inc. (NASDAQDXPE) 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.

DXP Enterprises, Inc. (NASDAQDXPE) today announced that is has completed the acquisitions of Hennesy Mechanical Sales LLC. DXP funded the acquisitions with cash on the balance sheet.

DXP Enterprises, Inc. (the "Company" or "DXPE") (NASDAQDXPE) 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.

DXP Enterprises, Inc. (NASDAQDXPE), 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.

DXP Enterprises, Inc. (NASDAQDXPE) 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.

DXP Enterprises, Inc. (NASDAQDXPE) 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.

DXP Enterprises, Inc. (NASDAQDXPE) 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.

DXP Enterprises, Inc. (NASDAQDXPE), 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.

DXP Enterprises, Inc. (NASDAQDXPE) 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.

DXP Enterprises, Inc. (NASDAQDXPE) 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.

DXP Enterprises, Inc. (NASDAQDXPE), 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.

DXP Enterprises, Inc. (NASDAQDXPE), 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”).

DXP Enterprises, Inc. (NASDAQDXPE), today announced it will reschedule its first quarter 2023 earnings release and conference call previously scheduled for May 10, 2023. The delay is a result of additional time required to finalize the Company's financial statements, and the Company will make a further announcement regarding the timing of the release and conference call as soon as practicable but anticipates having the call before the end of the week.

DXP Enterprises, Inc. (NASDAQDXPE), 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 Wednesday, May 10th. 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 10:00 A.M. Central Time on that same day.

DXP Enterprises, Inc. (NASDAQDXPE) today announced that is has completed the acquisitions of Riordan Materials Corporation (“Riordan”) and Florida Valve & Equipment Corp. and Environmental MD (“Florida Valve EMD”). DXP funded the acquisitions with cash on the balance sheet.

DXP Enterprises, Inc. (NASDAQDXPE) today announced financial results for the fourth quarter and fiscal year ended December 31, 2022. The following are results for the three and twelve months ended December 31, 2022, compared to the three and twelve months ended December 31, 2021. A reconciliation of the non-GAAP financial measures can be found in the back of this press release.

DXP Enterprises, Inc. (NASDAQDXPE): DXP Enterprises, Inc. (the “Company”) today announced that it has received a written notice (the “Notice”) on April 3, 2023, from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”), as a result of its failure to file its Annual Report on Form 10-K for the fiscal year ended December 31, 2022 (the “Form 10-K”) in a timely manner. The Notice advised the Company that it was not in compliance with Nasdaq’s continued listing requirements under the Nasdaq Listing Rule 5250(c)(1) (the “Rule”) because it has not timely filed the Form 10-K with the Securities and Exchange Commission (the “SEC”).

DXP Enterprises, Inc. (NASDAQDXPE), is pleased to provide shareholders with a preannouncement of DXP’s financial performance for the fiscal year ending December 31, 2022, which features significant growth in sales, operating income, earnings before interest, taxes, depreciation, and amortization ("EBITDA") and diluted earnings per common share (“EPS”).

DXP Enterprises, Inc. (NASDAQDXPE) today announced that its Board of Directors authorized a new stock repurchase program (the “program”) under which up to $85.0 million or 2.8 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 1.5 million shares, under the 2-year program which began in May of 2021.

DXP Enterprises, Inc. (NASDAQDXPE) today announced that it has closed on raising incremental $105 million Senior Secured Term Loan B (“TLB”) borrowings that will be added to the initial $330 million Term Loan B raised in December of 2020. Including the new borrowings, DXP will have $417.2 million in Senior Secured Term Loan B borrowings. The existing and new TLB borrowings mature in 2027 and are priced at Term SOFR plus an applicable margin of 5.25 percent.

DXP Enterprises, Inc. (NASDAQDXPE) today announced financial results for the third quarter ended September 30, 2022. The following are results for the three and nine months ended September 30, 2022, compared to the three and nine months ended September 30, 2021 and sequentially for the three months ended June 30, 2022, where appropriate. A reconciliation of the non-GAAP financial measures can be found in the back of this press release.

DXP Enterprises, Inc. (NASDAQDXPE), 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, 2022, on Wednesday, 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 10:30 A.M. Central Time on that same day.

DXP Enterprises, Inc. (NASDAQDXPE) today announced that it has completed the acquisition of Sullivan Environmental Technologies, Inc. (“Sullivan”).

DXP Enterprises, Inc. (NASDAQDXPE) today announced financial results for the second quarter ended June 30, 2022. The following are results for the three and six months ended June 30, 2022, compared to the three and six months ended June 30, 2021 and sequentially for the three months ended March 31, 2022, where appropriate. A reconciliation of the non-GAAP financial measures can be found in the back of this press release.

DXP Enterprises, Inc. (NASDAQDXPE), 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, 2022, on Monday, August 8th. 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.

DXP Enterprises, Inc. (NASDAQDXPE) today announced that on July 19, 2022, DXP Enterprises, Inc. (the “Company”) entered into an Amended and Restated Loan and Security Agreement (the “ABL Credit Agreement”) by and among the Company, certain of the Company’s US subsidiaries, as borrowers, certain of the Company’s Canadian subsidiaries, as borrowers, with Bank of America, N.A., as agent.

DXP Enterprises, Inc. (NASDAQDXPE) today announced financial results for the first quarter ended March 31, 2022. The following are results for the three months ended March 31, 2022, compared to the three months ended March 31, 2021 and sequentially for the three months ended December 31, 2021, where appropriate. A reconciliation of the non-GAAP financial measures can be found in the back of this press release.

DXP Enterprises, Inc. (NASDAQDXPE), 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, 2022, on Tuesday, May 10th. The 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 10:30 A.M. Central Time on that same day.

DXP Enterprises, Inc. (NASDAQDXPE) today announced that it has completed the acquisition of Cisco Air Systems, Inc. (“Cisco”). Cisco is a leading distributor of air compressors and related products and services focused on serving the food & beverage, transportation and general industrial markets in the Northern California and Nevada territories. Financial terms of the transactions were not disclosed. DXP funded the acquisition with cash from the balance sheet and DXP Enterprises, Inc. common stock as consideration.

DXP Enterprises, Inc. (NASDAQDXPE) today announced financial results for the fourth quarter and fiscal year ended December 31, 2021. The following are results for the three and twelve months ended December 31, 2021, compared to the three and twelve months ended December 31, 2020. A reconciliation of the non-GAAP financial measures can be found in the back of this press release.

DXP Enterprises, Inc. (NASDAQDXPE) on Friday, March 25, 2022, announced its Audit Committee selected PricewaterhouseCoopers LLP as its independent registered public accounting firm for the 2022 fiscal year.

DXP Enterprises, Inc. (NASDAQDXPE), 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 ended December 31, 2021, on Friday, March 25, 2022, before the market opens, and to 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, March 25, 2022.

DXP Enterprises, Inc. (NASDAQDXPE) today announced Nick Little and Paz Maestas were appointed the new Chief Operating Officer (COO) and Chief Marketing & Technology Officer (CM&TO), respectfully, effective January 7, 2022.

DXP Enterprises, Inc. (NASDAQDXPE) today announced financial results for the third quarter ended September 30, 2021. The following are results for the three and nine months ended September 30, 2021, compared to the three and nine months ended September 30, 2020 and sequentially for the three months ended June 30, 2021, where appropriate. A reconciliation of the non-GAAP financial measures can be found in the back of this press release.

DXP Enterprises, Inc. (NASDAQDXPE): DXP Enterprises, Inc. (the “Company”) today announced that it has received a written notice (the “Notice”) on November 16, 2021, from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”), as a result of its failure to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 (the “Form 10-Q”) in a timely manner. The Notice advised the Company that it was not in compliance with Nasdaq’s continued listing requirements under the Nasdaq Listing Rule 5250(c)(1) (the “Rule”) because it has not timely filed the Form 10-Q with the Securities and Exchange Commission (the “SEC”).

DXP Enterprises, Inc. (NASDAQDXPE) on Friday, November 12, 2021, filed an 8-K with the SEC regarding its plans to transition to a new audit firm for the remainder of fiscal 2021 and for fiscal 2022. The Company determined that in order to timely complete its audit for 2021, rather than wait for its existing auditor to complete its review of the Q3 Form 10-Q before resigning, it would need to immediately replace its existing auditor so that the review of the Company’s Q3 Form 10-Q and its full year audit and review of its internal controls could be run in parallel. Management believes this will give it the best chance of completing its fiscal 2021 full year audit on time and facilitate a successful transition to a new accounting firm in fiscal 2022.

DXP Enterprises, Inc. (NASDAQDXPE) today announced that its board of directors has appointed Karen Hoffman, 43, an independent member of its Board of Directors, effective today. Mrs. Hoffman will serve as a director until the company’s annual shareholders meeting, whereby she will stand for re-election.

DXP Enterprises, Inc. (NASDAQDXPE) today announced the filing of the Company’s 10K/A and comments on becoming current with subsequent filings.

DXP Enterprises, Inc. (NASDAQDXPE) today announced the completion of the acquisition of Premier Water (“Premier”), a leading distributor and provider of products and services exclusively focused on serving the water and wastewater treatment markets in North and South Carolina. Financial terms of the transaction were not disclosed.

DXP Enterprises, Inc. (NASDAQDXPE): DXP Enterprises, Inc. (the “Company”) today announced that it has received a written notice (the “Notice”) on August 17, 2021, from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”), as a result of its failure to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2021 (the “Form 10-Q”) in a timely manner. The Notice advised the Company that it was not in compliance with Nasdaq’s continued listing requirements under the Nasdaq Listing Rule 5250(c)(1) (the “Rule”) because it has not timely filed the Form 10-Q with the Securities and Exchange Commission (the “SEC”).

DXP Enterprises, Inc. (NASDAQDXPE) today announced preliminary (unreviewed) financial results for the second quarter ended June 30, 2021. The following are results for the three and six months ended June 30, 2021, compared to the three and six months ended June 30, 2020 and sequentially for the three months ended March 31, 2021, where appropriate. A reconciliation of the non-GAAP financial measures can be found in the back of this press release. The preliminary results are unaudited and are based on management’s initial review of DXP’s financial results for the three month period ended June 30, 2021.

DXP Enterprises, Inc. (NASDAQDXPE), 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 preliminary (unreviewed) financial results for the second quarter ended June 30, 2021, on Monday, August 16th. The announcement will be released at the market open.

DXP Enterprises, Inc. (NASDAQDXPE) is pleased to provide shareholders with a preannouncement of DXP’s performance for the three months ended June 30, 2021, which features growth in sequential sales, improvement in gross margins and solid free cash flow generation.

DXP Enterprises, Inc. (NASDAQDXPE), 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, 2021, on Friday, August 6th. The 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 10:30 A.M. Central Time on that same day.

DXP Enterprises, Inc. (NASDAQDXPE) today announced that its Board of Directors authorized a stock repurchase program (the “program”) under which up to $85.0 million or 1.5 million shares of its outstanding common stock may be acquired in the open market over the next 24 months at the discretion of management.

DXP Enterprises, Inc. (NASDAQDXPE) today announced financial results for the first quarter ended March 31, 2021. The following are results for the three months ended March 31, 2021, compared to the three months ended March 31, 2020 and December 31, 2020, where appropriate. A reconciliation of the non-GAAP financial measures can be found in the back of this press release.

DXP Enterprises, Inc. (NASDAQDXPE) today announced that it has completed the acquisition of Carter & Verplanck, Inc. ("Carter & Verplanck” or “CVI”), a leading distributor of products and services exclusively focused on serving the water and wastewater markets.

DXP Enterprises, Inc. (NASDAQDXPE), 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, 2021, on Friday, May 7th. The 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 10:30 A.M. Central Time on that same day.

DXP Enterprises, Inc. (NASDAQDXPE) today announced that the Board of Directors of DXP Enterprises, Inc. elected Mr. Kent Yee, Chief Financial Officer, as a director on the Board, effective immediately.