earnings
confidence high
sentiment neutral
materiality 0.65
DMC Global Q2 sales flat at $157M; adj EBITDA down 21% YoY; guides Q3 sales $158-168M
DMC Global Inc.
- Net income attributable to DMC of $0.5M ($0.10 diluted EPS); adjusted EBITDA $10.7M, down 21% YoY.
- Arcadia sales $67.4M (+9% YoY, +19% seq); adj EBITDA $5.5M (+36% YoY) on improved product availability.
- DynaEnergetics sales $67.4M flat YoY; adj EBITDA $5.6M (-37% YoY) due to mix, input costs, price pressure.
- NobelClad sales $22.2M (-17% YoY); backlog $63.5M; customer delivery delays expected to abate in Q3.
- Q3 guidance: sales $158-168M, adj EBITDA $10-13M; new EGS perforating system delivered to customers.