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Products and services distributor company $DXPE posted lower earnings during 2Q16 due to sequential improvement on GM and reductions within SG&A expenses. Net income was $5.14MM or $0.34 per diluted share vs. $7.14MM or $0.47 per diluted share in 2Q15. Sales fell 20.8% to 256.2MM vs. 2Q15, hurt by lower sales results in its segments.
$EXTR has been on an interesting uptrend, fundamentals kinda tricky but solid technical. Earnings 5th