DMC Global (BOOM) Tops Q3 EPS by 17c
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DMC Global Reports Third Quarter Financial Results
October 22, 2020 4:05 PM EDTConsolidated third quarter sales were $55.3 million, up 28% sequentially and down 45% from Q3 2019Gross margin was 25%, up from 15% in Q2 2020 and down from 36% in Q3 2019Operating income was $1.5Â million versus $12.8 million in Q3 2019Net income was $1.0 million, or $0.07 per diluted share; while adjusted net income* was $1.2 million, or $0.08 per diluted shareAdjusted EBITDA* was $6.0 million versus negative $1.8 million in Q2 2020 and positive $23.2 million in Q3 2019Cash and cash... More
