DMC Glb Q2 Adj $0.72 Beats $0.41 Estimate, Sales $188.66M Beat $179.57M Estimate
Portfolio Pulse from Benzinga Newsdesk
DMC Global (NASDAQ:BOOM) reported Q2 earnings of $0.72 per share, beating the analyst consensus estimate of $0.41 by 75.61%. This is a 148.28% increase from the same period last year. The company also reported quarterly sales of $188.66 million, beating the analyst consensus estimate of $179.57 million by 5.06%, a 13.77% increase from the same period last year.
August 08, 2023 | 8:13 pm
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POSITIVE IMPACT
DMC Global's Q2 earnings and sales beat estimates, with a significant YoY increase in earnings per share and sales.
DMC Global reported strong Q2 results, beating analyst estimates for both earnings per share and sales. This positive financial performance, which includes a significant YoY increase, is likely to have a positive impact on the company's stock in the short term.
CONFIDENCE 90
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RELEVANCE 100