HOUSTON-- DXP Enterprises, Inc. (DXPE) today announced financial results for the second quarter ended June 30, 2016. The following are results for the three and six months ended June 30, 2016 compared to the three and six months ended June 30, 2015 and three months ended March 31, 2016, where appropriate. A reconciliation of the non-GAAP financial measures is in the back of this press release.

 

DXP Enterprises 2016 second quarter financial highlights:

Sales were $256.2 million for the second quarter of 2016 versus $253.6 million for the first quarter of 2016, an increase of 1.0 percent. Compared to the second quarter of 2015 sales of $323.7 million, sales were down 20.8 percent.

Farmingdale, NY, Aug. 08, 2016  --  Cemtrex Inc. (CETX), a world leading industrial and manufacturing solutions company, announced its third quarter consolidated results of operations for the three months ended June 30, 2016. 

 

Net sales for the quarter up 69%, Net income for the quarter up 77%, Net sales for  nine months up 33%Net Income for nine months up 26.5%, EBITDA for the quarter up 79%, EBIDTA for nine months up 50%

 

Third Quarter Highlights:

Net sales for the three months ended June 30, 2016 increased by 69% to $24,714,853 from $14,665,748 for the three months ended June 30, 2015.

Gross profit for the three months ended June 30, 2016 was $8,158,669 as compared to $4,252,202 for the three months ended June 30, 2015, representing a 92% advance. 

WATKINS, MN--(July 21, 2016) - International Barrier Technology Inc. ("Barrier") (IBTGF) (TSX VENTURE: IBH), a manufacturer of proprietary fire-resistant building materials, has released sales revenue and sales volumes for fiscal year ending June 30, 2016.

 

Record sales volume of 24,657,600 sq. ft. was shipped for the fiscal year ending June 30, 2016. This was an increase of 14% from the 21,624,100 sq. ft. shipped in Fiscal 2015. Residential Roof Deck/Wall Assembly/Structural Insulated Panel market business grew 21% year over year and represented 78% of total Barrier shipments. The Commercial Modular market decreased 4% year over year and represented 22% of total shipments. Monthly shipments of 2,343,088 sq. ft. were recorded during the month of June, a 19% increase over the 1,974,608 sq. ft. shipped in June 2015.

PEARL RIVER, N.Y.-- Hudson Technologies, Inc. (HDSN) announced that it has been awarded, as prime contractor, a five-year contract including a five-year renewal option, by the United States Defense Logistics Agency (“DLA”) with an estimated maximum value over the term of the agreement of $400 million in sales to the Department of Defense. The fixed price contract is for the management and supply of refrigerants, compressed gases, cylinders and related items to US Military Commands and Installations, Federal civilian agencies and Foreign Militaries. Primary users include the US Army, Navy, Air Force, Marine Corps and Coast Guard.

 

Kevin Zugibe, Chairman and CEO of Hudson Technologies, commented, “This award was two years in the making and represents a transformative win for Hudson. In January of 2015, we executed a strategic acquisition of a West Coast based supplier of refrigerants and compressed gases to expand our presence in the industrial gas sectors. This acquisition provided us with complementary capabilities to subsequently bid on, and ultimately win, this large DoD contract. While the ultimate amount of revenue will depend on order levels, this award solidifies our presence in the refrigerants and industrial gas sectors and we believe will contribute considerable future revenue and earnings growth.”