Exceeded Fourth Quarter Guidance
DMC's fourth quarter sales of $152.4 million and adjusted EBITDA of $10.4 million both exceeded guidance, reflecting stabilization and self-help initiatives.
Sales Growth in Architectural Building Products
Arcadia's sales were $60.3 million, up 4% sequentially despite a year-over-year decline due to reduced demand for luxury residential products.
Introduction of New DynaStage System
DynaEnergetics launched a new, value-engineered DynaStage system to improve downhole reliability and competitiveness, with positive feedback from customers.
Strong Performance at NobelClad
NobelClad reported fourth quarter sales of $28.4 million, its second strongest top-line performance in over a decade.
Successful Extension of Arcadia Put-Call Arrangement
An agreement was reached to extend the maturity of the Arcadia put-call arrangement until September 2026, reducing liquidity risks.