DMC Global (BOOM) Misses Q1 EPS by 5c
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DMC Global Reports First Quarter Financial Results
May 4, 2023 4:05 PM EDTArcadia and DynaEnergetics Deliver Solid Sequential Sales Growth & Margin Expansion;NobelClads Order Backlog Reaches 10-year High
First quarter sales were a record $184.3 million, up 5% sequentially and up 33% versus Q1 2022Consolidated gross margin was 28%, up from 26% in Q4 2022 and 27% in Q1 2022Net income was $2.1 million, while net income attributable to DMC was $0.9 millionAdjusted net income attributable to DMC* was $6.1 million, or $0.32 per diluted shareAdjusted EBITDA attributable to DMC* was $20.1 million, while total adjusted EBITDA, inclusive of... More