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DXP Enterprises Inc. (NASDAQ: DXPE), Houston, TX, reported sales of $285.9 million for the first quarter of 2018, a 19.9 percent increase compared to the first quarter of 2017. Net income was $4.5 million.
Organic sales increased 15.4 percent and acquisitions added $10.6 million in sales. During the first quarter, sales were $175.4 million for Service Centers, $67.6 million for Innovative Pumping Solutions and $42.9 million for Supply Chain Services.