Dynamic Materials (NASDAQ: BOOM) reported Q1 EPS of $0.07, $0.04 better than the analyst estimate of $0.03. Revenue for the quarter came in at $40.8 million versus the consensus estimate of $41.88 million.

Michael Kuta, chief financial officer, said management is maintaining its prior forecast for the full fiscal year, which anticipates a decline in consolidated sales of between 8% to 12% versus the $202.6 million reported in 2014; and gross margin in a range of 26% to 28%, down from 30% in 2014.

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