Houston-based DXP Enterprises Inc. (NASDAQ: DXPE) reported its 2024 second-quarter sales were $445.6 million, up 8% sequentially from $412.6 million from the first quarter of 2024.
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The increase was 4.1% over the second quarter 2023.
Second-quarter profit was $16.7 million, compared to $19.1 million for the second quarter of 2023.
During the second quarter of 2024, service center sales were $306.5 million, innovative pumping solutions sales were $73.4 million, and supply chain services sales were $65.7 million.
DXP provides innovative pumping solutions, supply chain services and maintenance, repair, operating and production services that emphasize and utilize DXP’s product knowledge and technical expertise in rotating equipment, bearings, power transmission, metal working, industrial supplies and safety products and services.
