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DXP Enterprises Inc. (NASDAQ: DXPE), Houston, TX, reported second-quarter sales of $311.2 million, up 24 percent compared to the second quarter of 2017. Net income was $11.5 million, compared to $4.1 million in the year-ago period.
Organic sales for the quarter increased 19.2 percent, and acquisitions added $12.4 million in sales, the company said.
Sales for the six months ended June 30, 2018, were $597 million, compared with $489 million in the year-ago period.