Dynamic Materials (BOOM) Tops Q3 EPS by 3c; CFO Comments on Q4
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Dynamic Materials (NASDAQ: BOOM) reports Q3 EPS of $0.08, 3 cents better than the analyst estimate of $0.05. Revenue for the quarter was $34.7 million, which compares to the estimate of $32.97 million.
Rick Santa said fourth quarter sales are expected to increase by 10% to 20% from third quarter sales, while full-year sales are now expected to decline from 29% to 31% versus fiscal 2008. Full-year gross margin is expected to be in a range of 26% to 27%, and the full year tax rate is now anticipated to be in a range of 32% to 33%.
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