DMC Global reports Q4 EPS 9c, consensus (29c)

Reports Q4 revenue $152.4M, consensus $140.4M. Reports adjusted EBITDA attributable to DMC was $10.4M , while total adjusted EBITDA, inclusive of non-controlling interest or NCI, was $11.9M…The Company believes Arcadia and DynaEnergetics have made significant progress stabilizing and improving their operations, positioning them to fully participate in future recoveries of their respective end markets. DMC’s focus prospectively is on margin expansion, EBITDA growth and debt reduction. During December 2024, DMC reached an agreement with its Arcadia joint venture partners to extend its put obligation until no earlier than September 2026. This extension will provide the company with significant optionality to deleverage its balance sheet with free cash flow while exploring opportunities to refinance on more favorable terms.