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BOOM - DMC Global lowers Q4 revenue and FY19 EPS guidance
DMC Global Inc.
DMC Global (NASDAQ:BOOM) now expects Q4 revenue in the range of $82M to 86M (prior forecast $92M to $97M) vs. a consensus $94.02M.
Q4 sales at DynaEnergetics are expected in a range of $62M to $64M (prior forecast $72M to $75M); Q4 sales at NobelClad, DMC’s composite metals business, remain in the previously forecasted range of $20M to $22M.
BOOM expects Q4 adjusted EBITDA to be $14.0M to $15.0M (prior guidance $17.5M to $20M).
FY19 Non-GAAP EPS expected to be in a range of $3.50 to $3.60 (prior guidance $3.65 to $3.80) vs. a consensus of $3.71.
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