Dynamic Materials (BOOM) Misses Q3 EPS by 25c

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Go back to Dynamic Materials (BOOM) Misses Q3 EPS by 25c

Dynamic Materials Reports Third Quarter Financial Results

October 27, 2015 4:05 PM EDT

BOULDER, CO -- (Marketwired) -- 10/27/15 -- Dynamic Materials Corporation (DMC) (NASDAQ: BOOM)

Third quarter sales reported at $39.5 million; gross margin at 26% Loss from operations of $656,000, excluding $285,000 in restructuring expenses* Adjusted EBITDA* of $2.5 million NobelClad reports strongest bookings quarter in more than a year DynaEnergetics commercializes DynaStage; institutes cost cutting initiatives in face of sustained energy-industry weakness

Dynamic Materials Corporation (DMC) (NASDAQ: BOOM) today reported financial results for its third quarter and nine-month period ended September 30, 2015.

Third quarter sales were $39.5 million, down 24% from... More