DMC Global Reports Fourth Quarter Financial Results
Fourth quarter sales were $174.0 million, flat versus Q4 2022
- 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
Full-year results include record sales, adjusted EBITDA attributable to DMC, and free-cash flow performance
BROOMFIELD, Colo., Feb. 22, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) today reported financial results for its fourth quarter ended December 31, 2023. - Michael Kuta, president and CEO, said, “The fourth quarter marked the end of a milestone year for DMC.
- Arcadia’s fourth quarter sales were $68.0 million, down 9% from the 2022 fourth quarter.
- Dyna’s fourth quarter sales were $75.3 million, down 3% versus the 2022 fourth quarter, but up 3% sequentially.