Dynamic Materials Corp (BOOM) Tops Q2 EPS by 14c, Raises FY11 Sales and Margin Guidance
Dynamic Materials Corp (NASDAQ: BOOM) reported Q2 EPS of $0.29, $0.14 better than the analyst estimate of $0.15. Revenue for the quarter came in at $54.2 million versus the consensus estimate of $49.72 million.
Raises it 2011 sales-growth forecast to between 28% and 30% versus its previous guidance of 24% and 28%. 2011 consolidated gross margin forecast was raised to between 26% and 28% versus its previously guidance range of 24% and 26%.
Raises it 2011 sales-growth forecast to between 28% and 30% versus its previous guidance of 24% and 28%. 2011 consolidated gross margin forecast was raised to between 26% and 28% versus its previously guidance range of 24% and 26%.