DMC Global (BOOM) Misses Q2 EPS by 3c

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DMC Global Reports Second Quarter Financial Results

July 22, 2021 4:05 PM EDT

Second quarter sales were $65.4 million, up 18% sequentially and 51% from Q2 2020Gross margin improved to 26% versus 23% in Q1 2021 and 15% in Q2 2020Net income was $1.7 million, or $0.10 per diluted shareAdjusted EBITDA* increased to $7.5 million versus $4.0 million in Q1 2021 and negative $1.8 million in Q2 2020Cash and marketable securities at June 30, 2021, were $181.3 million versus $53.9 million at December 31, 2020NobelClad awarded $8.8 million order from chemical industry; introduces clad pipe offering

BROOMFIELD, Colo., July 22, 2021 (GLOBE NEWSWIRE) --  DMC Global Inc. (Nasdaq: BOOM) today reported financial results for its... More