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Shares of DMC Glb (NASDAQ:BOOM) decreased in after-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share rose 134.48% over the past year to $0.10, which missed the estimate of $0.13.
Revenue of $65,438,000 rose by 51.47% from the same period last year, which missed the estimate of $69,470,000.
Guidance
DMC Glb hasn't issued any earnings guidance for the time being.
Q3 revenue expected to be between $70,000,000 and $73,000,000.
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Date: Jul 22, 2021
Time: 05:00 PM
ET Webcast URL: https://www.webcaster4.com/Webcast/Page/2204/42038
Technicals
52-week high: $70.00
52-week low: $25.78
Price action over last quarter: down 16.00%
Company Description
DMC Global Inc operates a diversified family of technical product and process businesses serving the energy, industrial and infrastructure markets. Its business is organized into two segments: NobelClad and DynaEnergetics. NobelClad is involved in the production of explosion-welded clad metal plates for use in the construction of corrosion-resistant industrial processing equipment and specialized transition joints. DynaEnergetics, which is the key revenue driver, designs manufactures and distributes products utilized by the oil and gas industry principally for the perforation of oil and gas wells. Its sales are from products shipped from its manufacturing facilities and distribution centers located in the United States, Germany, Canada, and Russia.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.