earnings
confidence high
sentiment negative
materiality 0.75
DMC Global Q2 sales $171.2M, down 9% YoY; adjusted EPS $0.29; guides Q3 sales $158M-$168M
DMC Global Inc.
2024-Q2 EPS reported
$0.25
revenue$338,048,000
- Net income $6.3M, down 64% YoY; diluted EPS $0.24; adjusted EPS $0.29.
- Adjusted EBITDA attributable $19.4M, down 39% YoY; total adjusted EBITDA $24.4M (14.3% margin).
- Arcadia sales $69.7M (+13% seq); adjusted EBITDA margin 17.8% vs 9.5% Q1.
- DynaEnergetics sales $76.2M (-10% YoY); NobelClad sales $25.2M, backlog $64M (up from $52M).
- Q3 2024 guidance: consolidated sales $158M-$168M; adjusted EBITDA attributable $15M-$18M.