DMC Global: Q4 Financial Results Overview
DMC Global Inc. Reports Fourth Quarter Financial Results
DMC Global Inc., headquartered in Broomfield, Colorado, announced a net loss of $11.2 million for the fourth quarter.
The company recorded a loss of $0.59 per share for the quarter. When excluding one-time expenses, the adjusted loss was $0.50 per share.
Revenue for the quarter reached $143.5 million, slightly surpassing analyst expectations, as three Zacks analysts had projected $143.4 million.
For the full year, DMC Global reduced its net loss to $13.5 million, or $0.90 per share, with total revenue amounting to $609.8 million.
Looking ahead, the company anticipates first-quarter revenue between $132 million and $138 million.
Since the start of the year, DMC Global’s stock has climbed 30%. At the close of trading on Monday, shares were priced at $8.71, reflecting a 3% gain over the past year.
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