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Jun 30, 2021
DXP Q2 2021 Earnings Report
DXP Enterprises reported a sequential increase in sales and improved profitability in the second quarter of 2021.
Key Takeaways
DXP Enterprises reported a strong second quarter with a 16.2% sequential increase in sales, reaching $285.5 million. The company also saw significant improvement in earnings per share, net income, and adjusted EBITDA, driven by improved execution and market conditions.
Sales increased 16.2% sequentially to $285.5 million.
GAAP diluted EPS was $0.40, up from $0.12 in the prior-year period.
Net income increased to $8.1 million, compared to $2.1 million for the prior-year period.
Adjusted EBITDA was $22.6 million, compared to $13.8 million for the second quarter of 2020.
Revenue by Segment
Forward Guidance
The company is confident they will continue to position DXP for long-term profitable growth and a positive outlook for the second half of 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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