Overview
* DMC Global ( BOOM ) Q2 sales fall 9% yr/yr but beat analyst expectations
* Adjusted EBITDA declines 30% yr/yr, beats management guidance
* Co reduces total debt by 17% year-to-date, enhancing financial flexibility
Outlook
* DMC Global ( BOOM ) expects Q3 sales between $142 mln and $150 mln
* Company anticipates Q3 adjusted EBITDA of $8 mln to $12 mln
* DMC Global ( BOOM ) cites challenging U.S. construction industry conditions
* Company sees tariff policy uncertainty affecting customer orders
Result Drivers
* ARCADIA SALES DECLINE - Weaker demand in high-end residential market due to high interest rates and lower construction activity
* DYNAENERGETICS SALES DROP - Lower pricing and demand in U.S. unconventional market, despite sequential improvement in adjusted EBITDA
* NOBELCLAD SALES IMPACT - Ongoing uncertainty around U.S. tariff policies led to deferred customer orders
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Sales Beat $155.50 $151.60
mln mln (3
Analysts
)
Q2 Beat $13.50 $11.50
Adjusted mln mln (3
EBITDA Analysts
)
Analyst Coverage
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the construction supplies & fixtures peer group is "buy."
* Wall Street's median 12-month price target for DMC Global Inc ( BOOM ) is $10.25, about 24.5% above its August 4 closing price of $7.74
* The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 18 three months ago
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)