News & Videos - DMC GLOBAL INC.

BROOMFIELD, Colo., April 17, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) will announce its 2024 first quarter financial results after the stock market closes on Thursday, May 2, 2024. Following the earnings release, executive management will host a conference call and simultaneous webcast. The conference call will begin at 5 p.m. Eastern (3 p.m. Mountain) and will be accessible by dialing 877-407-5783 (or +1 201-689-8782 for international callers). Investors are invited to listen to...

BROOMFIELD, Colo., April 02, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) today published its Annual Letter to Stakeholders from President and CEO Michael Kuta. The letter is available HERE , or under “Company Info” on the INVESTORS page of DMC’s website. About DMC Global DMC Global is an owner and operator of innovative, asset-light manufacturing businesses that provide unique, highly engineered products and differentiated solutions. DMC’s businesses have established...

BROOMFIELD, Colo., March 15, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) today announced that the Company has entered into a cooperation agreement (the "Cooperation Agreement") with Bradley L. Radoff and his affiliate (the “Radoff Parties”), pursuant to which the Company and the Radoff Parties will identify and mutually agree to appoint a new independent director to the board of directors of DMC (the “Board”) with expertise and experience in the building products sector....

Fourth quarter sales were $174.0 million, flat versus Q4 2022 Net income attributable to DMC was $2.8 million, while total net income was $3.6 million Adjusted net income attributable to DMC* was $5.2 million, or $0.26 per diluted share Adjusted EBITDA attributable to DMC* was $19.6 million, while total adjusted EBITDA, inclusive of non-controlling interest (NCI), was $23.3 million Free-cash flow* was $15.0 million Full-year results include record sales, adjusted EBITDA attributable to DMC, and...

BROOMFIELD, Colo., Feb. 07, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) today announced it has closed a $300 million, five-year senior secured credit facility consisting of a $200 million revolving credit facility, a $50 million term loan and a $50 million delayed draw term loan. The facility replaces DMC’s prior $200 million credit facility. “This new credit agreement strengthens our balance sheet and improves our near-term financial flexibility as we pursue strategic...

BROOMFIELD, Colo., Feb. 05, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) will announce its 2023 fourth quarter and full-year financial results after the stock market closes on Thursday, February 22, 2024. Following the earnings release, executive management will host a conference call and simultaneous webcast. The conference call will begin at 5 p.m. Eastern (3 p.m. Mountain) and will be accessible by dialing 877-407-5783 (or +1 201-689-8782 for international callers). Investors are...

BROOMFIELD, Colo., Jan. 29, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) today announced its board of directors (“the Board”) has initiated a review of strategic alternatives for its DynaEnergetics and NobelClad businesses. The strategic review process formalizes DMC’s ongoing efforts over the past several months to consider opportunities for unlocking shareholder value. The Board has retained a financial advisor and may retain other advisors to assist the Board in evaluating...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of DMC Global Inc. - BOOM PR Newswire NEW YORK, Dec. 10, 2023 NEW YORK , Dec. 10, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of DMC Global Inc. ("DMC" or the "Company") (NASDAQ: BOOM). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980. The investigation concerns whether DMC and certain of its officers and/or directors...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of DMC Global Inc. - BOOM PR Newswire NEW YORK, Nov. 28, 2023 NEW YORK , Nov. 28, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of DMC Global Inc. ("DMC" or the "Company") (NASDAQ: BOOM). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980. The investigation concerns whether DMC and certain of its officers and/or directors...

BROOMFIELD, Colo., Nov. 13, 2023 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) today announced its board of directors has elected James O’Leary as an independent director. Mr. O’Leary joins the DMC board with nearly four decades of executive leadership, finance and board-level experience, principally in the construction and industrial manufacturing industries. He is on the board of directors of publicly traded Builders FirstSource, Inc., the nation’s largest supplier of structural...

Third quarter sales were $172.1 million, down 1% vs. 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% versus Q3 2022 Adjusted diluted EPS attributable to DMC* was $0.50, up 43% versus Q3 2022 Adjusted EBITDA attributable to DMC* was $24.6 million, up 13% vs. Q3 2022 Total adjusted EBITDA, inclusive of non-controlling interest (NCI), was $30.0 million, or 17.4% of sales, up 220 basis...

BROOMFIELD, Colo., Oct. 31, 2023 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) today announced Eric Walter, CFO, and Geoff High, vice president of investor relations, will present and hold one-on-one investor meetings at the Southwest IDEAS Investor Conference on Thursday, November 16, 2023, at The Statler hotel in Dallas. DMC’s presentation is scheduled to begin at 2:30pm CT. The presentation will be webcast and can be accessed through the conference host’s main website:...

BROOMFIELD, Colo., Oct. 24, 2023 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) today announced the publication of its annual Sustainability Report, which can be found on the Company’s website under the Sustainability link, located here: https://www.dmcglobal.com/sustainability . About DMC Global DMC Global is an owner and operator of innovative, asset-light manufacturing businesses that provide unique, highly engineered products and differentiated solutions. DMC’s businesses have...

BROOMFIELD, Colo., Oct. 12, 2023 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) will announce its 2023 third quarter financial results after the stock market closes on Thursday, November 2, 2023. Following the earnings release, executive management will host a conference call and simultaneous webcast. The conference call will begin at 5 p.m. Eastern (3 p.m. Mountain) and will be accessible by dialing 877-407-5783 (or +1 201-689-8782 for international callers). Investors are invited to listen...

BROOMFIELD, Colo., Sept. 13, 2023 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) today announced Eric Walter, CFO, and Geoff High, vice president of investor relations, will present and hold one-on-one investor meetings at the Sidoti Virtual Investor Conference, taking place September 21, 2023. DMC’s presentation will begin at 10:45am ET (8:45am MT). The presentation will be webcast and can be accessed live at: https://sidoti.zoom.us/webinar/register/WN_FwUeewi_RkK7vm8h5KHuww . DMC will...

BROOMFIELD, Colo., Aug. 10, 2023 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) today announced Eric Walter, CFO, and Geoff High, vice president of investor relations, will present and hold one-on-one investor meetings at the Midwest IDEAS Investor Conference on Thursday, August 24, 2023, at The Gwen in Chicago. DMC’s presentation is scheduled to begin at 10:00am CT. The presentation will be webcast and can be accessed through the conference host’s main website:...

Record Sales and Earnings reflect healthy demand and improved operating efficiencies at all DMC businesses Second quarter sales increase to $188.7 million, up 2% sequentially and 14% vs. Q2 2022 Consolidated gross margin improves to 33% from 28% in prior quarter and 31% in Q2 2022 Net income was $17.5 million, while net income attributable to DMC was $13.7 million Adjusted net income attributable to DMC* was $14.1 million, or $0.72 per diluted share Adjusted EBITDA attributable to DMC* was a...

BROOMFIELD, Colo., Aug. 07, 2023 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) today announced its board of directors has elected Ouma Sananikone as an independent director. Her appointment increases the number of directors on DMC’s board to eight. Ms. Sananikone, who will sit on the board’s risk committee, brings more than 30 years of executive leadership and board-level experience. She has an extensive background in finance, capital markets, mergers and acquisitions and investment...

BROOMFIELD, Colo., Aug. 07, 2023 (GLOBE NEWSWIRE) -- The board of directors of DMC Global Inc. (Nasdaq: BOOM) today announced the appointment of Michael Kuta as president, chief executive officer and director, effective immediately. Mr. Kuta was previously DMC’s interim co-CEO, a position he and DMC director David Aldous jointly assumed in January 2023. From 2014 to January 2023, Mr. Kuta was DMC’s chief financial officer. Mr. Aldous, who has returned to his prior role as DMC’s chairman,...

BROOMFIELD, Colo., July 27, 2023 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) will announce its 2023 second quarter financial results after the stock market closes on Tuesday, August 8, 2023. Following the earnings release, executive management will host a conference call and simultaneous webcast. The conference call will begin at 5 p.m. Eastern (3 p.m. Mountain) and will be accessible by dialing 800-245-3047 (or +1 203-518-9765 for international callers) and entering the conference ID:...