DMC Global (BOOM) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 123.08%. A quarter ago, it was expected that this diversified holding company would post earnings of $0.19 per share when it actually produced earnings of $0.21, delivering a surprise of 10.53%. Over the last four quar ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbol Name of exchange on which registered Common Stock, $0.05 Par Value BOOM The Nasdaq Global Select Market Stock Purchase Rights The Nasdaq Global Select Market Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES ACT OF 1934 FOR THE ...

Exhibit 99.1 FOR IMMEDIATE RELEASE: CONTACT: Geoff High, Vice President of Investor Relations 303-604-3924 DMC GLOBAL REPORTS SECOND QUARTER FINANCIAL RESULTS • Second quarter sales were $171.2 million, up 3% sequentially and down 9% vs. Q2 2023 • Net income was $6.3 million, while net income attributable to DMC was $4.0 million • Adjusted net income attributable to DMC* was $5.7 million, or $0.29 per diluted share • Adjusted EBITDA* attributable to DMC was $19.4 million, up 16% sequentially and down 39% vs ...

Mr. Bates joins the DMC board with nearly 30 years of leadership experience in the building products industry. He previously was CEO of Argos North America, one of the largest U.S. cement and ready-mix concrete producers, from October 2022 to January 2024, when Argos was sold to Summit Materials. He also served as president, CEO and director of GCP Applied Technologies Inc., from October 2020 to October 2022, when the company was acquired by Saint-Gobain. GCP was a leading global provider of construction pr ...

To simplify its portfolio and focus more on the Arcadia Products business, DMC Global's board initiated a review of strategic alternatives for the DynaEnergetics and NobelClad segments in the first quarter of 2024. The board has been supervising the assessment process, which includes sale options, a merger or other business combinations involving one or both businesses. However, no definitive timeline has been set for the conclusion of the process and the company stated that it might not even materialize in ...

BROOMFIELD, Colo., June 14, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (NASDAQ:BOOM) ("DMC" or the "Company") today commented on Steel Connect's recent unsolicited proposal (the "Proposal"). DMC's board of directors (the "Board") previously announced a review of strategic alternatives. The Board will consider the Proposal as part of its ongoing deliberations, in consultation with its legal and financial advisors and in accordance with its fiduciary duties. In the meantime, stockholders need not take any actio ...

BROOMFIELD, Colo., June 06, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (NASDAQ:BOOM) today announced its board of directors (the "Board") has unanimously adopted a limited-duration Stockholder Protection Rights Agreement (the "Rights Plan") to protect stockholder interests. The Rights Plan is intended to enable stockholders to realize the full value of their investment in DMC Global while reducing the likelihood that any entity, person or group gains control of the Company through openmarket accumulation with ...

DMC Global Inc. (NASDAQ:BOOM) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Ken Newman - KeyBanc Capital Markets Stephen Gengaro - Stifel Gerry Sweeney - ROTH Capital Partners Geoff High - Vice President, Investor Relations Michael Kuta - Chief Executive Officer Eric Walter - Chief Financial Officer Operator Geoff High IÂ'd like to remind everyone that matters discussed during this call may include forward-looking statements that are based on our estimates, projections and assumptions as of today ...

We assess the available positive and negative evidence to estimate if sufficient future taxable income will be generated to use existing deferred tax assets. Additionally, a three-year cumulative loss at a consolidated financial statement level may be viewed as negative evidence impacting a jurisdiction that by itself is not in a three-year cumulative loss position. During the three months ended March 31, 2024 and 2023, we did not record any adjustments to previously established valuation allowances, except ...

FOR IMMEDIATE RELEASE: CONTACT: Geoff High, Vice President of Investor Relations 303-604-3924 • First quarter sales were $166.9 million, down 9% vs. Q1 2023 • Net income was $2.3 million, while net income attributable to DMC was $2.6 million • Adjusted net income attributable to DMC* was $4.2 million versus $6.1 million in Q1 2023 • Adjusted diluted EPS attributable to DMC* was $0.21 versus $0.32 in Q1 2023 • Adjusted EBITDA* attributable to DMC was $16.7 million, down 17% vs. Q1 2023 • Total adjusted EBITD ...