DMC Global (BOOM) Tops Q1 EPS by 15c
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DMC Global Reports First Quarter Financial Results
May 5, 2022 4:05 PM EDTFirst quarter sales were $138.7 millionExcluding the acquisition of Arcadia, first quarter sales were $70.7 million, down 2% sequentially and up 27% versus Q1 2021First quarter gross margin improved to 27% from 18% in Q4 2021 and 23% in Q1 2021First quarter net loss attributable to DMC was $3.3 millionFirst quarter net loss per diluted share, inclusive of adjustment for redeemable noncontrolling interest, was $0.47First quarter adjusted net loss attributable to DMC*, inclusive of $13.0 million in non-cash amortization expense for purchased intangible assets, was $3.1 million, or $0.16 per diluted shareFirst quarter adjusted EBITDA attributable to DMC* was $10.5 million versus $2.8 million in Q4... More
