earnings
confidence high
sentiment neutral
materiality 0.70
DMC Global Q4 net income $2.8M; full-year record sales $719M, adj. EBITDA $96M; guides Q1 $168M-$178M
DMC Global Inc.
2023-FY EPS reported
$1.08
revenue$719,188,000
- Q4 net sales $174M flat YoY; net income attributable to DMC $2.8M ($0.01 diluted EPS); adjusted EPS $0.26.
- Full-year 2023: record sales $719M (+10% YoY), record adj. EBITDA attributable $96.1M (+29% YoY), record free cash flow.
- Q1 2024 guidance: consolidated sales $168M-$178M; attributable adj. EBITDA $15M-$20M; Arcadia soft.
- Board initiated review of strategic alternatives for NobelClad and DynaEnergetics; new $300M credit facility.