DMC Global (BOOM) Misses Q4 EPS by 8c

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DMC Global Reports Fourth Quarter and Full-Year Financial Results

February 23, 2023 4:02 PM EST

Unit Sales of DynaEnergetics Flagship DS Perforating System up 40% Year-Over-Year;Arcadia & NobelClad See Strong Demand Across Primary End Markets

Fourth quarter sales were $175.1 million, flat sequentially and up 144% versus Q4 2021Fourth quarter sales were up 36% versus pro forma fourth quarter 2021 sales, inclusive of ArcadiaFourth quarter consolidated gross margin was 26% versus 29% in Q3 2022 and 18% in Q4 2021Fourth quarter net income attributable to DMC was $3.3 millionFourth quarter adjusted net income attributable to DMC*, inclusive of $2.2 million in non-cash... More