secwatch.observer — SEC 8-K summary
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Issuer:     DMC Global Inc. (BOOM)
CIK:        0000034067
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0000034067-24-000152
Event type: earnings
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DMC Global Q3 net loss $159M on $141.7M goodwill impairment; guides Q4 sales $138-148M
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- Net loss $159.4M includes $141.7M non-cash goodwill impairment at Arcadia; diluted EPS $(8.27).
- Sales $152.4M, down 11% sequentially and YoY; adjusted EBITDA attributable $5.7M, down 71% sequentially.
- Arcadia sales $57.8M (-19% YoY); DynaEnergetics EBITDA $0.4M (-97% YoY) on weak well completions.
- NobelClad adjusted EBITDA margin 23.2%; backlog $59M vs $60.8M a year ago.
- Arcadia interim president Chris Scocos appointed; Q4 sales expected $138-148M, adj. EBITDA $5-8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/34067/000003406724000152/0000034067-24-000152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/34067/000003406724000152/boom-20241104.htm
  HTML page:      https://secwatch.observer/filing/0000034067-24-000152

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