Highest-materiality recent filing
DMC Global Q1 net loss $6.1M; sales down 15% YoY to $135.6M; guides Q2 sales $148-158M
Net loss of $6.1M attributable to DMC, diluted EPS $(0.34); adjusted EPS $(0.28).
DMC Global Q4 net loss $11.2M; net debt cut to $18.7M; Q1 revenue guidance $132-138M
Net loss attributable to DMC $11.2M in Q4, including ~$7M write-offs at DynaEnergetics; adj. EBITDA negative $(1.6)M.
DMC Global Q3 net loss $3.1M, adjusted EPS -$0.08; Q4 guidance weak
Net loss attributable to DMC $3.1M; adjusted net loss $1.6M ($0.08 loss per share).
DMC Global Q2 sales $155.5M (-9% YoY); adj EBITDA down 30% to $13.5M; Q3 guidance weak
Net income attributable to DMC only $0.1M vs $4.0M a year ago; adjusted EPS $0.12 vs $0.29.
DMC Global appoints James O'Leary as permanent President and CEO effective July 1, 2025
James O'Leary appointed permanent President and CEO, effective July 1, 2025; will continue as Executive Chairman.
DMC Global Q1 sales $159.3M (-5% YoY); adj. EPS $0.11; Q2 EBITDA guidance $10-13M
Net income attributable to DMC $0.7M, down 74% YoY; adjusted EPS $0.11 vs $0.21 YoY.
DMC Global EVP, Chief Legal Officer Michelle Shepston resigns effective March 28, 2025
Michelle Shepston, Executive VP, Chief Legal Officer and Secretary, notified resignation on March 6, 2025, effective March 28, 2025.
DMC Global Q4 sales $152.4M (-12% YoY); net loss $1.2M; guides Q1 EBITDA $8-11M
Q4 sales $152.4M, flat sequentially, down 12% YoY; net loss $1.2M vs prior year income $3.6M.
DMC Global rejects Steel Connect's $10.18/share bid, Q4 guidance exceeded
Board unanimously rejected non-binding $10.18/share cash proposal from Steel Connect, citing undervaluation.
DMC Global acknowledges non-binding takeover proposal from Steel Connect at $10.18/share cash
Steel Connect proposes to acquire all DMC Global shares not already owned for $10.18 per share in cash.
DMC Global responds to Steel Connect interest; board evaluating acquisition proposal
Steel Connect sent a letter to DMC's board on January 27, 2025, expressing interest in acquiring the company.
DMC Global appoints James O'Leary as Interim CEO; base salary $500K, target cash $2M
Term as Interim CEO runs from Nov 29, 2024 through June 30, 2025.
DMC Global extends Arcadia put option to Sept 2026; pays $2.5M fee
Put option for remaining 40% of Arcadia Products pushed from Dec 23, 2024 to Sept 6, 2026.
DMC Global CEO Michael Kuta to retire Nov 29; James O'Leary named interim CEO
Michael Kuta retires as President, CEO, and director effective Nov 29, 2024; retirement not due to disagreement.
DMC Global Q3 net loss $159M on $141.7M goodwill impairment; guides Q4 sales $138-148M
Net loss $159.4M includes $141.7M non-cash goodwill impairment at Arcadia; diluted EPS $(8.27).
Q3 sales expected ~$152M vs prior guidance of $158M-$168M; adjusted EBITDA ~$5M vs $15M-$18M.
DMC Global Q2 sales $171.2M, down 9% YoY; adjusted EPS $0.29; guides Q3 sales $158M-$168M
Net income $6.3M, down 64% YoY; diluted EPS $0.24; adjusted EPS $0.29.
DMC Global adopts poison pill with 10% trigger; continues strategic review of two units
Rights plan effective June 5, 2024, expires June 4, 2025; one right per share as of June 17, 2024.
Net income attributable to DMC $2.6M; adjusted net income $4.2M; adjusted diluted EPS $0.21 (vs $0.32 Q1 2023).
DMC Global agrees to appoint new independent director; two directors not renominated
DMC and activist Bradley Radoff enter cooperation agreement to add a new independent director with building products experience.
Q4 net sales $174M flat YoY; net income attributable to DMC $2.8M ($0.01 diluted EPS); adjusted EPS $0.26.
DMC Global closes $300M senior secured credit facility, extends maturity to 2029
New $300M facility includes $200M revolver, $50M term loan, $50M delayed draw term loan, replacing $200M prior facility.
DMC Global Q3 sales $172M (-1% YoY), net income $11.5M, adj. EPS $0.50, Q4 guidance $170-180M
Q3 adjusted net income $9.9M (+47% YoY); adjusted diluted EPS $0.50 (+43%); free cash flow $21.9M.
DMC Global Q2: record sales $188.7M, adj EPS $0.72; new CEO Kuta
Net sales $188.7M (+14% YoY GAAP); net income $17.5M; adjusted diluted EPS $0.72 (vs $0.29 YoY).
DMC Global names Michael Kuta as permanent CEO; adds Ouma Sananikone to board
Michael Kuta appointed sole President and CEO, effective Aug 4, 2023; he was interim co-CEO since Jan 2023.
DMC Global posts record Q1 sales of $184.3M, adjusted EPS $0.32; NobelClad backlog at 10-year high
Record sales of $184.3M (+33% YoY); GAAP net loss $(0.01) per diluted share; adjusted EPS of $0.32.
On June 18, 2025, the Board approved the appointment of Mr. O’Leary as President and Chief Executive Officer on a permanent, non-interim basis, effective July 1, 2025.
On April 25, 2025, Simon M. Bates informed DMC Global Inc. ("DMC") of his decision to resign from the Board of Directors of DMC (the "Board") effective April 30, 2025
On March 6, 2025, Michelle Shepston, Executive Vice President, Chief Legal Officer and Secretary, notified DMC Global Inc. of her resignation effective March 28, 2025.
On January 30, 2025, DMC Global Inc. (the “Company”) announced the appointment of James H. Schladen, age 65, as President of the Company’s Arcadia Products, LLC (“Arcadia”) business, effective February 3, 2025.
On November 11, 2024, Michael Kuta notified DMC Global Inc. (the “Company”) that he will retire as the Company’s President and Chief Executive Officer and as a member of the Board of Directors (the “Board”), in each case effective as of November 29, 2024 (the “Transition Date”).
On November 12, 2024, the Board appointed James O’Leary, the Company’s Executive Chairman, as the Company’s Interim President and Chief Executive Officer, effective as of the Transition Date.
On October 16, 2024, the Board appointed current director James O’Leary as Executive Chairman of the Board (which the Board has determined to be an executive office), and current director Ouma Sananikone as Lead Independent Director, each effective immediately.
On October 16, 2024, Peter Rose notified the Company of his decision to retire from the Board at the end of his current term.
On October 16, 2024, the Board appointed current director James O’Leary as Executive Chairman of the Board (which the Board has determined to be an executive office), and current director Ouma Sananikone as Lead Independent Director, each effective immediately.
On October 16, 2024, David Aldous resigned as a member of the Board of Directors of the Company (the “Board”) and ceased to serve as Chairman of the Board, effective immediately.
On October 8, 2024, James Chilcoff stepped down as President of Arcadia Products, LLC ("Arcadia"), the architectural building products segment of DMC Global Inc. (the "Company"), effective immediately.
increased the size of the Board to eight members and appointed Simon Bates to the Board.
Max materiality 0.90 · Median 0.60 · Most common event other_material