DMC Global (BOOM) Misses Q1 EPS by 14c
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DMC Global Reports First Quarter Financial Results
May 2, 2024 4:05 PM EDTFirst quarter sales were $166.9 million, down 9% vs. Q1 2023Net income was $2.3 million, while net income attributable to DMC was $2.6 millionAdjusted net income attributable to DMC* was $4.2 million versus $6.1 million in Q1 2023Adjusted diluted EPS attributable to DMC* was $0.21 versus $0.32 in Q1 2023Adjusted EBITDA* attributable to DMC was $16.7 million, down 17% vs. Q1 2023Total adjusted EBITDA, inclusive of non-controlling interest (NCI), was $19.0 million, or 11.4% of salesFirst quarter free cash flow* was $10.5 million versus $4.8 million in Q1 2023NobelClad, DMC's composite metals business, receives record $19 million order following close of first... More
