BOOM News and Press, DMC Global Inc. From 07/23/20

DMC Global (NASDAQ: BOOM ) Q2 sales fell by 61.1% Y/Y to $43.2M; company says collapse in oil and gas demand and well-completion activity drove a sharp sales decline. More news on: DMC Global Inc., Earnings news and commentary, , Read more ...

DMC Global (NASDAQ: BOOM ) : Q2 Non-GAAP EPS of -$0.29 misses by $0.15 ; GAAP EPS of -$0.38 misses by $0.24 . More news on: DMC Global Inc., Earnings news and commentary, Read more ...

HOUSTON, July 08, 2020 (GLOBE NEWSWIRE) -- DynaEnergetics, a business of DMC Global Inc. (Nasdaq: BOOM), today announced the addition of DS MicroSet and DS Liberator to its family of Factory-Assembled, Performance-Assured™ well-perforating products. These highly differentiated tools ...

Citing a severe downturn in its core oil and gas end market, DMC Global (NASDAQ: BOOM ) amends its credit agreement for the waiver of 1.35x debt service coverage ratio, starting from 3Q20 through 1Q21 . More news on: DMC Global Inc., Financial stocks news, Read more ...

BROOMFIELD, Colo., June 26, 2020 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) today announced it has amended its credit agreement to provide covenant flexibility following a severe downturn in its core oil and gas end market. Michael Kuta, CFO, said, “While we expect to end ...

HOUSTON, June 23, 2020 (GLOBE NEWSWIRE) -- DynaEnergetics, a business of DMC Global Inc. (Nasdaq: BOOM), today announced an upgrade to its IS2 TF Intrinsically Safe initiating system.  The enhancement enables the deployment of up to 100 of DynaEnergetics’ DS Factory-Assembled, P...

HOUSTON, June 08, 2020 (GLOBE NEWSWIRE) -- DynaEnergetics, a business of DMC Global Inc. (Nasdaq: BOOM), today introduced DS Echo, a perforating system designed for re-frac operations in unconventional oil and gas wells.  The system’s slim design enables deployment within the sm...

DMC Global Is Still In A Bear Grip In the short-term, the challenge for DMC Global ( BOOM ) is to wriggle out the lost market share from competitors after reduced upstream capex budget and lower completions well count induced its customers to opt for cheaper products in the market. I do no...

The number of dividend cuts and suspensions announced by publicly traded firms in the United States has soared during April 2020 in one of the worst single months for dividend-paying firms in stock market history. The following chart shows the classic recessionary sign of the number of divid...

DMC Global ( BOOM -3.3% ) reported Q1 sales decline of 26.5% Y/Y to $73.56M, reflecting lower demand for well perforating systems from DynaEnergetics due to COVID-19 pandemic. More news on: DMC Global Inc., Earnings news and commentary, Read more ...