Dmc Global Inc Stock Price, News & Analysis

DMC Global (Nasdaq: BOOM) has announced it will release its 2025 first quarter financial results after market close on Thursday, May 1, 2025. The company will follow the earnings release with a conference call and simultaneous webcast at 5 p.m. Eastern (3 p.m. Mountain).

Investors can access the conference call by dialing 877-407-5783 (international callers: +1-201-689-8782). The webcast will be available live at the company's specified web address and on DMC's investor relations website. A replay of the webcast will remain accessible for six months following the event.

DMC Global Inc. (Nasdaq: BOOM) announced on March 11, 2025, that it has published its Annual Letter to Stakeholders. The letter was authored by Executive Chairman and Interim President and CEO James O'Leary and is accessible through a direct link or can be found under the 'Company Info' tab on the Investors page of DMC's website.

DynaEnergetics, a division of DMC Global Inc. (Nasdaq: BOOM), has announced the implementation of a tariff surcharge ranging from 7% to 9% on all perforating systems sold in North America, effective April 5, 2025.

The surcharge will apply to their product line including DS Infinity™ 2.0, DS Gravity™ 2.0 and DS NLine™ 2.0 perforating systems, as well as all other systems and components used in North America's onshore oil and gas industry. This measure is a direct response to increased raw material costs resulting from U.S. tariffs. The company states this surcharge approach was chosen to maintain pricing transparency, with detailed implementation information to be communicated through sales representatives.

DMC Global (Nasdaq: BOOM) has announced its participation in the upcoming 37th Annual ROTH Conference, scheduled for March 16-18, 2025, in Dana Point, California.

Company management will be available for meetings during the event, which can be arranged through ROTH sales representatives. Interested parties can find additional information and registration details through the conference's official website.

DMC Global (NASDAQ: BOOM) reported Q4 2024 financial results with sales of $152.4 million, flat sequentially and down 12% year-over-year. The company posted net income attributable to DMC of $0.3 million, while total net loss was $1.2 million. Adjusted EBITDA attributable to DMC was $10.4 million, exceeding guidance of $5-8 million.

Performance varied across divisions: Arcadia's sales rose 4% sequentially but fell 11% year-over-year, affected by weak luxury home market demand. DynaEnergetics saw sales decline 9% sequentially and 15% year-over-year due to seasonal slowdown and lower North American pricing. NobelClad achieved its second-best quarterly sales in over a decade, up 14% sequentially but down 8% year-over-year.

For Q1 2025, DMC expects sales of $146-154 million and adjusted EBITDA of $8-11 million. The company extended its Arcadia joint venture put obligation until September 2026, providing flexibility for balance sheet deleveraging.

DMC Global (NASDAQ: BOOM) has rejected a non-binding proposal from Steel Connect to acquire outstanding shares at $10.18 per share in cash. The board determined the proposal undervalues DMC's business and future potential, citing several key factors:

The proposal fails to account for Arcadia's turnaround potential under returning president Jim Schladen and its position to participate in Southern California wildfire reconstruction. It also doesn't reflect DynaEnergetics' improvements, including automated manufacturing and value engineering initiatives set to benefit in 2025.

The company announced that Q4 sales and adjusted EBITDA are expected to exceed the high end of guidance. DMC has successfully negotiated an extension of its Arcadia joint venture 'put option' obligations until September 2026, providing flexibility for debt reduction and refinancing. A CEO search is currently underway with assistance from an executive search firm.

DMC Global (Nasdaq: BOOM) has received a non-binding acquisition proposal from Steel Connect to purchase all outstanding shares not already owned by Steel Connect for $10.18 per share in cash. The company's board of directors will evaluate the proposal with legal and financial advisors in accordance with fiduciary duties.

The proposal is subject to further due diligence by Steel Connect, and there is no guarantee of a definitive agreement or transaction completion. Stockholders are advised that no immediate action is required. BofA Securities is serving as financial advisor, while Womble Bond Dickinson and Richards, Layton & Finger are acting as legal advisors. Additionally, Sodali & Co. and Gagnier Communications are serving as strategic stockholder and communications advisors, respectively.

DMC Global (Nasdaq: BOOM) has announced it will release its fourth quarter 2024 financial results after market close on Monday, February 24, 2025. The company will host a conference call and webcast at 5 p.m. Eastern (3 p.m. Mountain) following the earnings release.

Investors can access the conference call by dialing 877-407-5783 (international callers: +1-201-689-8782). A live webcast will be available at the company's provided link and on DMC's investor relations website. The webcast replay will be accessible for six months.

DMC Global Inc. (Nasdaq: BOOM) announced that Jim Schladen will rejoin Arcadia Products as president, effective February 3, 2025. Schladen previously served as Arcadia's president from 2000 until January 2023, during which time the company achieved double-digit compound annual sales growth and industry-leading profitability from 2010 until his retirement.

Under Schladen's previous leadership, Arcadia evolved from a small California-based building products business into a leading regional supplier. The company now operates sales locations and production facilities throughout the western and southwestern United States, providing commercial exterior and interior aluminum framing solutions.

Chris Scocos, who has been interim president since November 2024, will transition to interim vice president of operations to ensure a smooth handover. Schladen, who began his career at Arcadia in 1986, holds a bachelor's degree in business economics from UCLA.