01:21 PM EDT, 05/02/2024 (MT Newswires) -- Distribution Solutions Group ( DSGR ) shares rose past 7% in recent Thursday trading even after the company reported lower-than-expected Q1 results.

The firm reported adjusted EPS of $0.25 in Q1, down from $0.42 a year earlier. Analysts polled by Capital IQ expected $0.28.

Revenue for the quarter ended March 31 was $416.1 million, up from $348.3 million a year earlier. Analysts surveyed by Capital IQ expected $417.8 million.

Price: 34.72, Change: +2.40, Percent Change: +7.41