secwatch.observer — SEC 8-K summary
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Issuer:     DMC Global Inc. (BOOM)
CIK:        0000034067
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0000034067-23-000087
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DMC Global posts record Q1 sales of $184.3M, adjusted EPS $0.32; NobelClad backlog at 10-year high
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- Record sales of $184.3M (+33% YoY); GAAP net loss $(0.01) per diluted share; adjusted EPS of $0.32.
- Arcadia sales $80.3M (+18% YoY); gross margin 27.5% (+330bps seq); adjusted EBITDA margin 13%.
- DynaEnergetics sales $82.0M (+68% YoY); adjusted EBITDA margin 18%; $3.1M litigation expense in Q1.
- NobelClad backlog reaches $60M (10-year high); expects ~10% sequential sales growth in Q2.
- Q2 2023 guidance: consolidated sales $177M-$187M, adjusted EBITDA attributable to DMC $23M-$26M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/34067/000003406723000087/0000034067-23-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/34067/000003406723000087/boom-20230504.htm
  HTML page:      https://secwatch.observer/filing/0000034067-23-000087

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