Dynamic Materials (NASDAQ: BOOM) reported Q3 EPS of $0.18, $0.01 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $51.9 million versus the consensus estimate of $55.6 million.

For the fourth quarter, management anticipates sales will be up 4% to 6% versus the $49.3 million reported in last year's fourth quarter (excluding AMK). Fourth quarter gross margin is expected to be in a range of 28% to 29% versus the 26% reported in last year's fourth quarter. The after-tax gain on the sale of AMK is expected to be $850,000 to $950,000 and will be realized in the fourth quarter. In addition, approximately $1.5 million to $3.0 million of the NobelClad European restructuring expense is expected to be recorded in the quarter.

"We are pleased with the continued growth at DynaEnergetics and remain optimistic about the long-term prospects at NobelClad," said Kevin Longe, president and CEO. "DynaEnergetics is reporting strong demand across multiple global markets, and is seeing expanding customer adoption of its DynaSelect switch detonator system.

"NobelClad saw a nominal improvement in its third quarter order backlog, and its sales team continues to pursue a variety of order opportunities in what remains a relatively soft capital spending environment. In the meantime, the business is also taking steps to strengthen its capabilities and streamline its operations, particularly in Europe.

For earnings history and earnings-related data on Dynamic Materials (BOOM) click here.