DMC Global Sees Q3 Revenue $178M-$188M Vs $179.4M Est; Capital Expenditures $5M-$7M
Portfolio Pulse from Benzinga Newsdesk
DMC Global expects its Q3 revenue to be between $178M and $188M, compared to the estimated $179.4M. The company also anticipates capital expenditures to be between $5M and $7M.
August 08, 2023 | 8:55 pm
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DMC Global, traded as BOOM, anticipates Q3 revenue to be between $178M and $188M, which is in line with the estimated $179.4M. Capital expenditures are expected to be $5M-$7M.
DMC Global's projected Q3 revenue aligns with the estimated figures, indicating that the company's performance is as expected. This is likely to maintain investor confidence and keep the stock price stable in the short term. The planned capital expenditures also suggest ongoing investment in the company's growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100