DMC Global (BOOM) Reports In-Line Q4 EPS, Offers Guidance

DMC Global (NASDAQ: BOOM) reported Q4 EPS of ($0.05), in-line with the analyst estimate of ($0.05). Revenue for the quarter came in at $51.7 million versus the consensus estimate of $52.79 million.

GUIDANCE:

DMC Global sees Q1 2021 revenue of $55-62 million, versus the consensus of $54.99 million.

Michael Kuta, CFO, said first quarter 2021 sales are expected to be in a range of $55 million to $62 million versus the $57.1 million reported in the 2020 fourth quarter. At the business level, DynaEnergetics is expected to report sales in a range of $37 million to $42 million versus the $35.3 million reported in last year’s fourth quarter. The wide forecasted range reflects uncertainty regarding the timing of order deliveries following this week’s severe winter weather in Texas, DynaEnergetics’ largest geographic market. NobelClad’s sales are expected in a range of $18 million to $20 million versus the $21.8 million reported in the 2020 fourth quarter. Consolidated gross margin is expected to be in a range of 22% to 24% versus 21% in last year’s fourth quarter.

First quarter selling, general and administrative (SG&A) expense is expected in a range of $12.5 million to $13 million versus the $12.5 million reported in the 2020 fourth quarter, while amortization expense is expected to be approximately $325,000. Interest expense is expected to be approximately $150,000.

Adjusted EBITDA is expected in a range of $3.5 million to $5 million versus $3.6 million in the fourth quarter of 2020.

For earnings history and earnings-related data on DMC Global (BOOM) click here.

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