DMC Global (BOOM) Misses Q2 EPS by 1c, Raises Guidance

DMC Global (NASDAQ: BOOM) reported Q2 EPS of $0.43, $0.01 worse than the analyst estimate of $0.44. Revenue for the quarter came in at $80.9 million versus the consensus estimate of $74.95 million.

GUIDANCE:

"Kuta said consolidated sales for the full fiscal year are now expected in a range of $310 million to $325 million versus a prior forecast range of $290 million to $305 million; and up from sales of $192.8 million in 2017. DynaEnergetics’ sales are expected in a range of $235 million to $245 million versus a prior forecast range of $215 million to $225 million, and 2017 full-year sales of $121.3 million. The increase reflects anticipated strong customer demand and the expected achievement of various capacity-expansion milestones. The forecast for NobelClad’s sales are unchanged at $75 million to $80 million. Full-year gross margin is expected to be on the high end of a previously forecasted range of 33% to 34%. Gross margin in 2017 was 31%."

Sees FY 2018 Adj. EPS of $1.80-$2.00, Revenues of $121.3 million

For earnings history and earnings-related data on DMC Global (BOOM) click here.

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