Welcome to our dedicated page for Dmc Global news (Ticker: BOOM), a resource for investors and traders seeking the latest updates and insights on Dmc Global stock.
DMC Global Inc. (NASDAQ: BOOM) is an owner and operator of asset-light manufacturing businesses serving the energy, industrial, infrastructure, transportation and commercial construction markets. Its portfolio consists of Arcadia, an architectural building products business; DynaEnergetics, an energy products business serving the global energy industry; and NobelClad, a composite metals business that produces explosion-welded clad metal plates for industrial processing equipment and specialized transition joints.
This news page aggregates company announcements, earnings releases and operational updates related to DMC Global and its three businesses. Readers can follow quarterly financial results, segment performance for Arcadia, DynaEnergetics and NobelClad, and commentary from management on market conditions, tariffs, construction activity and energy markets. The company frequently discusses non-GAAP measures such as adjusted EBITDA, adjusted net income, net debt and free-cash flow, which provide additional context on operating performance and liquidity.
Visitors can also review news about DMC Global’s credit facility amendments, potential acquisition of the remaining minority interest in Arcadia, and governance developments such as board appointments and executive leadership changes. Because DMC Global’s businesses serve project-driven and cyclical markets, company news often addresses backlog trends, bookings, book-to-bill ratios and the impact of macroeconomic factors on customer ordering patterns.
For investors and followers of BOOM stock, this page offers a centralized view of DMC Global’s official news flow, helping users understand how its architectural building products, energy products and composite metals businesses are performing across the energy, industrial and construction sectors.
DMC Global Inc. (Nasdaq: BOOM) will release its third quarter 2021 financial results after market close on October 21, 2021. Management will host a conference call at 5 p.m. Eastern Time, accessible via phone and webcast. Investors can also access the webcast on the company's investor page. A replay of the call will be available through November 4, 2021. DMC Global is a diversified holding company focused on supporting innovative businesses in niche industrial markets, aiming for long-term growth and competitive positioning.
DMC Global reported Q2 2021 sales of $65.4 million, marking an 18% sequential increase and a 51% year-over-year rise. Gross margin improved to 26%, while net income reached $1.7 million or $0.10 per diluted share. Adjusted EBITDA rose to $7.5 million, with a significant jump from negative $1.8 million in Q2 2020. Cash and marketable securities stood at $181.3 million, up substantially from $53.9 million at the end of 2020. The company anticipates Q3 sales between $70 million and $73 million.
DMC Global Inc. (Nasdaq: BOOM) will release its 2021 second quarter financial results on July 22, 2021, post-market hours. A subsequent conference call is scheduled for 5 p.m. Eastern, where executives will discuss the results. The call is available for participants via phone or through a simultaneous webcast accessible on the company's investor page. A replay of the call and webcast will be available for later listening. DMC Global focuses on providing innovative products and services across industrial markets.
DMC Global Inc. (Nasdaq: BOOM) announced the retirement of Yvon Cariou from its Board of Directors after over two decades of service. Cariou, who served as president and CEO from 2000 to 2013, did not seek reelection at the recent stockholders' meeting. CEO Kevin Longe expressed gratitude for Cariou's contributions. In preparation for this transition, Ruth Dreessen was appointed as an independent director in October 2020. DMC continues to focus on supporting businesses within its diversified portfolio, including DynaEnergetics and NobelClad, targeting niche markets globally.
DMC Global announced the successful closing of its public offering of 2,875,000 shares of common stock, raising approximately $123.5 million in net proceeds. The offering included 2,500,000 initial shares and an additional 375,000 shares purchased by underwriters. The funds are intended for general corporate purposes, potentially including acquisitions. KeyBanc Capital Markets served as the sole book-running manager for the offering, filed under an automatic shelf registration with the SEC.
DMC Global announced the pricing of an underwritten public offering of 2,500,000 shares of common stock at $45.00 per share, aiming for gross proceeds of approximately $112.5 million. An additional option for underwriters to purchase 375,000 shares exists. The offering is scheduled to close on May 7, 2021, pending customary conditions. Proceeds will be utilized for general corporate purposes, possibly including acquisitions. The shares are offered under an automatic shelf registration statement filed with the SEC.
DMC Global Inc. (Nasdaq: BOOM) announced a proposed underwritten public offering of 2,500,000 shares of its common stock. The company may grant underwriters a 30-day option to purchase additional shares, up to 15% of the offering size. The shares will be sold by DMC Global and are offered under an automatic shelf registration statement filed with the SEC. KeyBanc Capital Markets is the sole book-running manager, with several co-managers. The offering is subject to market conditions, and the actual terms and completion time are uncertain.
DMC Global Inc. (Nasdaq: BOOM) reported Q1 2021 sales of $55.7 million, a 3% decline sequentially and 24% drop year-over-year. Gross margin improved to 23% from 21% in Q4 2020, but down from 33% in Q1 2020. Net income stood at $432,000, or $0.03 per diluted share, significantly lower than $4.2 million in Q1 2020. Adjusted EBITDA was $4.0 million, up from $3.6 million last quarter. Cash and marketable securities rose to $66.8 million as of March 31, 2021. Guidance for Q2 sales is projected between $67 million and $72 million.
DMC Global Inc. (Nasdaq: BOOM) plans to announce its 2021 first quarter financial results after market close on April 22, 2021. The company will host a conference call at 5 p.m. Eastern, available via telephone and online webcast. Investors can replay the call until April 29. DMC Global is a diversified holding company focused on providing innovative products and services in niche markets, with a portfolio including DynaEnergetics and NobelClad.
Summary not available.