Noticias y eventos de DMC Global Inc (BOOM)BOOMDMC Global Inc

Company Sees Q4 Adjusted EBITDA of $10M-$13M

Sees Q4 adjusted EBITDA $10M-$13M. The company said, "Our fourth quarter guidance reflects normal seasonal moderation at Arcadia, further affected by a temporary shutdown of our California finishing facility for planned maintenance, a decline in large, long-cycle project activity, the negative impact of still rising interest rates on construction activity, ongoing volatility in aluminum input costs, and tight labor conditions for commercial and residential builders; steady well completion activity at DynaEnergetics with the benefit from previously discussed cost optimization programs more than offsetting input cost increases; and continued improvement in shipping activity at NobelClad."

DMC Reports Q3 Revenue of $172.83M, Beating Consensus

Reports Q3 revenue $172.83M, consensus $161.1M. "Our improved performance reflects the cost optimization and commercial initiatives selectively implemented across our businesses over the past two years," said James O'Leary, DMC's president and CEO. "These improvements were achieved despite continued macroeconomic headwinds across all of our end markets. We also strengthened DMC's financial position during this period, with net debt now at its lowest level since the acquisition of Arcadia in December 2021. I want to thank all of our DMC associates for their hard work, dedication and continued commitment to improving our businesses."

DMC Sees Q3 Adjusted EBITDA of $10M to $13M

Sees Q3 adjusted EBITDA $10M-$13M. The company said, "Third quarter sales are expected to be in a range of $158 million to $168 million, with adjusted EBITDA attributable to DMC anticipated in a range of $10 million to $13 million. The expected sequential improvements reflect steady performance at Arcadia, expected increases in well completion activity in DynaEnergetics' oil and gas and EGS markets, and increased project shipments at NobelClad. DMC's third quarter guidance does not contemplate increased disruptions in international supply chains due to ongoing hostilities in the Middle East, which could impact both DynaEnergetics and NobelClad, continued volatility in aluminum input costs at Arcadia, or generally weaker end market conditions."