DMC Global (BOOM) Reports In-Line Q4 EPS, Offers Guidance
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DMC Global Reports Fourth Quarter and Full-Year Financial Results
February 18, 2021 4:05 PM ESTFourth quarter sales were $57.1 million, up 3% sequentially and down 34% versus Q4 2019DynaEnergetics reports 24% sequential increase in North America sales, offsetting soft international demand; NobelClad sales up 3% sequentiallyFourth quarter gross margin was 21% versus 25% in Q3 2020 and 35% in Q4 2019Fourth quarter net loss was $927,000, or $0.06 per diluted shareFourth quarter adjusted net loss was $825,000, or $0.05 per diluted shareFourth quarter adjusted EBITDA* was $3.6 millionFull-year sales were $229.2 million, down 42% from 2019Full-year net loss was $1.4 million, or $0.10 per diluted share, while adjusted net income* was $1.0 million, or $0.07 per diluted shareYear-end cash and marketable securities... More
