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DMC Global Inc - BOOM STOCK NEWS

Welcome to our dedicated news page for DMC Global (Ticker: BOOM), a resource for investors and traders seeking the latest updates and insights on DMC Global.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect DMC Global's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of DMC Global's position in the market.

News
DMC Global Schedules First Quarter Earnings Release and Conference Call
Rhea-AI Summary
DMC Global Inc. (Nasdaq: BOOM) will release its first quarter financial results on May 2, 2024, followed by a conference call and webcast. Investors can access the call and webcast online or via phone.
Rhea-AI Impact
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End-of-Day
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earnings
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News
DMC Global Issues Annual Letter to Stakeholders
Rhea-AI Summary
DMC Global Inc. (Nasdaq: BOOM) releases its Annual Letter to Stakeholders from President and CEO Michael Kuta, providing insights into the company's performance and future plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.31%
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News
DMC Global Enters into Cooperation Agreement with Bradley L. Radoff
Rhea-AI Summary
DMC Global Inc. (Nasdaq: BOOM) has entered into a Cooperation Agreement with Bradley L. Radoff and his affiliate to appoint a new independent director with expertise in the building products sector. The Board will start a formal search for qualified candidates, reducing its size to seven directors. The Radoff Parties agreed to standstill and voting obligations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.99%
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none
News
DMC Global Reports Fourth Quarter Financial Results
Rhea-AI Summary
DMC Global Inc. (BOOM) reported fourth quarter sales of $174.0 million, with net income of $3.6 million. Adjusted net income was $5.2 million. The company achieved record sales, adjusted EBITDA, and free cash flow in 2023. Arcadia's sales were $68.0 million, down 9%, while DynaEnergetics saw sales of $75.3 million. NobelClad's sales increased by 33% to $30.8 million. DMC aims to enhance stakeholder value by exploring strategic alternatives for NobelClad and DynaEnergetics. The company expects a soft first quarter due to challenging market conditions but anticipates improved demand throughout the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.75%
Tags
earnings
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News
DMC Global Closes $300 Million Senior Secured Credit Facility
Rhea-AI Summary
DMC Global Inc. (BOOM) has closed a $300 million, five-year senior secured credit facility to strengthen its balance sheet and improve financial flexibility. The facility will support growth strategies and the acquisition of the remaining 40% minority interest in Arcadia Products. The new credit facility holds the leverage ratio at a prudent level and has the strong support of a lending group expanded from four to seven institutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.06%
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News
DMC Global Schedules Fourth Quarter Earnings Release and Conference Call
Rhea-AI Summary
DMC Global Inc. (Nasdaq: BOOM) is set to release its 2023 fourth quarter and full-year financial results on February 22, 2024. The company will also host a conference call and webcast to discuss the earnings. Investors can access the webcast live and a replay will be available for six months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.88%
Tags
earnings
News
DMC Global Announces Strategic Alternatives Process for DynaEnergetics and NobelClad Businesses
Rhea-AI Summary
DMC Global Inc. (Nasdaq: BOOM) has initiated a strategic review of its DynaEnergetics and NobelClad businesses to unlock shareholder value. The review may lead to a sale, merger, strategic investment, or other business combination. The company aims to simplify its portfolio and maximize shareholder value. The review process has no set timetable, and there is no guarantee of any transactions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.48%
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none
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News
James O’Leary Appointed to DMC Global’s Board of Directors
Rhea-AI Summary
DMC Global Inc. (Nasdaq: BOOM) Elects James O’Leary as Independent Director with Extensive Industry Experience
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.62%
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management
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DMC Global Reports Third Quarter Financial Results
Rhea-AI Summary
DMC Global Inc. reported third quarter sales of $172.1 million, down 1% compared to Q3 2022. Net income was $11.5 million, while net income attributable to DMC was $8.9 million. Adjusted net income attributable to DMC was $9.9 million, up 47% compared to Q3 2022. Adjusted diluted EPS attributable to DMC was $0.50, up 43% compared to Q3 2022. Adjusted EBITDA attributable to DMC was $24.6 million, up 13% compared to Q3 2022. Total adjusted EBITDA, inclusive of non-controlling interest, was $30.0 million, or 17.4% of sales, up 220 basis points compared to Q3 2022. Third quarter free cash flow was $21.9 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.95%
Tags
earnings
News
DMC Global to Present at 15th Annual Southwest Ideas Investor Conference on November 16 in Dallas
Rhea-AI Summary
DMC Global Inc. will be presenting at the Southwest IDEAS Investor Conference on November 16, 2023. The CFO and vice president of investor relations will hold one-on-one investor meetings. The presentation will be webcast and can be accessed through the conference host's website and DMC's investor relations section.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
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conferences
Stock BOOM logo
DMC Global Inc

Nasdaq:BOOM

BOOM Rankings

#3293 Ranked by Market Cap
#2936 Ranked by Stock Gains
N/A Ranked by Dividends

BOOM Stock Data

332.91M
19.22M
5.63%
81.98%
2.37%
Explosives Manufacturing
Manufacturing
Link
US
Boulder

About BOOM

headquartered in boulder, colorado, dmc global inc. is a diversified technology company focused on growing our company by investing in people, products and businesses that serve niche global markets. today, our portfolio consists of nobelclad and dynaenergetics, which address the industrial processing, transportation and energy markets through global manufacturing, sales and distribution networks. for more information, visit the company’s websites at http://www.dmcglobal.com, http://www.dynaenergetics.com and http://www.nobelclad.com