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DMC Global Inc (BOOM)
NASDAQ:BOOM
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.27Last Year’s EPS
$0.26Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 04, 2024
|% Change Since: -30.49%
|Next Earnings Date:Feb 20, 2025
Earnings Call Sentiment|Negative
The earnings call reflects significant challenges with declining sales and profitability in key segments like Arcadia and DynaEnergetics, impacted by market conditions and operational inefficiencies. While there are some positive initiatives underway, such as margin improvement efforts and a stable net debt position, the adverse financial performance and market challenges weigh heavily on the overall sentiment.Company Guidance
During the DMC Global Q3 2024 earnings call, the company provided guidance for the fourth quarter, anticipating consolidated sales to range between $138 million and $148 million, with adjusted EBITDA projected between $5 million and $8 million. The guidance reflects challenges in the energy and construction markets, particularly affecting DynaEnergetics and Arcadia. DMC reported Q3 sales of $152.4 million, a decline of 11% from both the previous quarter and the same period last year, with adjusted EBITDA at $5.7 million. Specific issues cited included a $5 million impact from bad debt and inventory charges at DynaEnergetics, and reduced fixed cost absorption at Arcadia, which saw sales drop to $57.8 million, a 17% sequential decrease. NobelClad's sales were $24.9 million, maintaining flat sequential performance but down 10% year-over-year, with an improved adjusted EBITDA margin of 23.2%. The company also highlighted a net debt of approximately $60 million and a pro forma leverage ratio of 0.96, indicating a sound liquidity position.NobelClad Adjusted EBITDA Margin Improvement
Sales at NobelClad, the composite metals business, remained flat versus the second quarter but the adjusted EBITDA margin improved to 23.2%, reflecting a favorable project mix.
NobelClad Order Backlog
NobelClad ended the third quarter with an order backlog of $59 million, although this is a decrease from the previous quarter's $63.9 million.
DynaEnergetics Margin Improvement Initiatives
DynaEnergetics is implementing several margin improvement initiatives and automating its DynaStage assembly operations, with a next-generation version expected to enhance margins beginning in early 2025.
Net Debt Position
The company ended the third quarter with cash and cash equivalents of approximately $15 million and a pro forma net debt leverage ratio of 0.96, which is well below the covenant threshold of 3.0.
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BOOM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BOOM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 04, 2024 | $9.84 | $9.25 | -6.00% |
| Aug 01, 2024 | $12.87 | $12.91 | +0.31% |
| May 02, 2024 | $16.39 | $13.64 | -16.78% |
| Feb 22, 2024 | $17.44 | $16.96 | -2.75% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does DMC Global Inc (BOOM) report earnings?
DMC Global Inc (BOOM) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is DMC Global Inc (BOOM) earnings time?
DMC Global Inc (BOOM) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BOOM EPS forecast?
BOOM EPS forecast for the fiscal quarter 2024 (Q4) is -$0.27.
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