BROOMFIELD, Colo., Nov. 13, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (NASDAQ:BOOM) today announced Michael Kuta will retire as the Company's president, CEO and as a member of the board, effective November 29, 2024. James O'Leary, DMC's executive chairman, has agreed to assume the role of interim president and CEO of the Company upon Mr. Kuta's retirement. "Michael's dedication and contributions to DMC during the past decade are greatly appreciated," Mr. O'Leary said. "The board of directors and everyone at DMC wish him the best in his retirement." Kuta said, "I would like to express my sincere gratitude to DMC employees and our Board for the shared professional experiences over the past

BROOMFIELD, Colo., June 25, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (NASDAQ:BOOM) today announced that its board of directors has elected Simon Bates as an independent director. Mr. Bates joins the DMC board with nearly 30 years of leadership experience in the building products industry. He previously was CEO of Argos North America, one of the largest U.S. cement and ready-mix concrete producers, from October 2022 to January 2024, when Argos was sold to Summit Materials. He also served as president, CEO and director of GCP Applied Technologies Inc., from October 2020 to October 2022, when the company was acquired by Saint-Gobain. GCP was a leading global provider of construction prod

BROOMFIELD, Colo., March 15, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (NASDAQ:BOOM) today announced that the Company has entered into a cooperation agreement (the "Cooperation Agreement") with Bradley L. Radoff and his affiliate (the "Radoff Parties"), pursuant to which the Company and the Radoff Parties will identify and mutually agree to appoint a new independent director to the board of directors of DMC (the "Board") with expertise and experience in the building products sector. Pursuant to the terms of Cooperation Agreement, the Board will promptly commence a formal search for qualified director candidates, in accordance with DMC's established process for director recruitment and with

BROOMFIELD, Colo., Aug. 07, 2023 (GLOBE NEWSWIRE) -- The board of directors of DMC Global Inc. (NASDAQ:BOOM) today announced the appointment of Michael Kuta as president, chief executive officer and director, effective immediately. Mr. Kuta was previously DMC's interim co-CEO, a position he and DMC director David Aldous jointly assumed in January 2023. From 2014 to January 2023, Mr. Kuta was DMC's chief financial officer. Mr. Aldous, who has returned to his prior role as DMC's chairman, said, "After conducting a rigorous national search in which our board evaluated and interviewed several highly qualified candidates, Mike's leadership skills, strategic thinking, and deep knowledge of DM

BROOMFIELD, Colo., Jan. 17, 2023 (GLOBE NEWSWIRE) -- DMC Global Inc. (NASDAQ:BOOM) today announced Kevin Longe has stepped down as president and chief executive officer, effective immediately. DMC's board of directors has named chief financial officer Michael Kuta and the Company's chairman, David Aldous, as interim co-CEOs. Mr. Kuta has agreed to postpone his previously announced retirement and will remain on DMC's leadership team to ensure a smooth transition. He will also retain the title of CFO until his successor is named. Director Richard Graff, a member of DMC's Board of Directors, was appointed interim chairman of the board while Aldous serves as Co-CEO. The DMC board will work w

BROOMFIELD, Colo., Jan. 05, 2023 (GLOBE NEWSWIRE) -- DMC Global Inc. (NASDAQ:BOOM) today announced the appointment of James Chilcoff as president of Arcadia, DMC's building products business. Chilcoff succeeds James Schladen, who will retire after 24 years as Arcadia's president. Schladen will remain on Arcadia's board of directors and will serve as a senior advisor to the leadership of Arcadia and DMC. Chilcoff joins Arcadia from Mohawk Industries, the world's largest flooring company, where he spent three years as president of Wood and Laminate North America, a division with five manufacturing plants. Under his leadership, the division delivered strong organic growth and improved profit

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4 - DMC Global Inc. (0000034067) (Issuer)

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4 - DMC Global Inc. (0000034067) (Issuer)

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Third quarter sales were $152.4 million, down 11% sequentially and year-over-yearNet loss, inclusive of a $141.7 million non-cash goodwill impairment charge at Arcadia Products, was $159.4 million, while net loss attributable to DMC, inclusive of the goodwill impairment charge, was $101.3 millionAdjusted net loss attributable to DMC* was $9.6 million, or $(0.49) per diluted shareAdjusted EBITDA* attributable to DMC was $5.7 million, down 71% sequentially and down 77% vs. Q3 2023Total adjusted EBITDA, inclusive of non-controlling interest (NCI), was $7.0 million, or 5% of sales BROOMFIELD, Colo., Nov. 04, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (NASDAQ:BOOM) today reported financial resul

BROOMFIELD, Colo., Oct. 24, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (NASDAQ:BOOM) will announce its 2024 third quarter financial results after the stock market closes on Monday, November 4, 2024. Following the earnings release, executive management will host a conference call and simultaneous webcast. The conference call will begin at 5 p.m. Eastern (3 p.m. Mountain) and will be accessible by dialing 877-407-5783 (or +1-201-689-8782 for international callers). Investors are invited to listen to the webcast live via the Internet at:   https://event.choruscall.com/mediaframe/webcast.html?webcastid=kSCFTQNY The webcast also will be available on the Investor page of DMC's website, locate

BROOMFIELD, Colo., Oct. 21, 2024 (GLOBE NEWSWIRE) -- DMC Global (NASDAQ:BOOM) ("DMC" or the "Company") today provided an update on its business conditions and revised its third quarter financial guidance. The Company also commented on its strategic review process and announced governance changes. DMC said third quarter sales are expected to be approximately $152 million versus prior guidance of $158 million to $168 million. The results reflect weaker-than-expected sales at both Arcadia Products ("Arcadia"), DMC's architectural building products business, and DynaEnergetics, DMC's energy products business. Adjusted EBITDA* is now expected to be approximately $5 million versus prior guidanc

Second quarter sales were $171.2 million, up 3% sequentially and down 9% vs. Q2 2023Net income was $6.3 million, while net income attributable to DMC was $4.0 millionAdjusted net income attributable to DMC* was $5.7 million, or $0.29 per diluted shareAdjusted EBITDA* attributable to DMC was $19.4 million, up 16% sequentially and down 39% vs. Q2 2023Total adjusted EBITDA, inclusive of non-controlling interest (NCI), was $24.4 million, or 14.3% of sales BROOMFIELD, Colo., Aug. 01, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (NASDAQ:BOOM) today reported financial results for its second quarter ended June 30, 2024. "All three of our businesses delivered on key financial and operational objectiv

BROOMFIELD, Colo., July 11, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (NASDAQ:BOOM) will announce its 2024 second quarter financial results after the stock market closes on Thursday, August 1, 2024. Following the earnings release, executive management will host a conference call and simultaneous webcast. The conference call will begin at 5 p.m. Eastern (3 p.m. Mountain) and will be accessible by dialing 877-407-5783 (or +1 201-689-8782 for international callers). Investors are invited to listen to the webcast live via the Internet at:https://event.choruscall.com/mediaframe/webcast.html?webcastid=07VusKiV The webcast also will be available on the Investor page of DMC's website, located a

BROOMFIELD, Colo., June 06, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (NASDAQ:BOOM) today announced its board of directors (the "Board") has unanimously adopted a limited-duration Stockholder Protection Rights Agreement (the "Rights Plan") to protect stockholder interests. The Board, in consultation with its legal and financial advisors, adopted the Rights Plan in response to the accumulation of shares of the Company's common stock. The Rights Plan became effective on June 5, 2024 and will expire on June 4, 2025, unless earlier terminated. The Rights Plan is intended to enable stockholders to realize the full value of their investment in DMC Global while reducing the likelihood that any e

First quarter sales were $166.9 million, down 9% vs. Q1 2023Net income was $2.3 million, while net income attributable to DMC was $2.6 millionAdjusted net income attributable to DMC* was $4.2 million versus $6.1 million in Q1 2023Adjusted diluted EPS attributable to DMC* was $0.21 versus $0.32 in Q1 2023Adjusted EBITDA* attributable to DMC was $16.7 million, down 17% vs. Q1 2023Total adjusted EBITDA, inclusive of non-controlling interest (NCI), was $19.0 million, or 11.4% of salesFirst quarter free cash flow* was $10.5 million versus $4.8 million in Q1 2023NobelClad, DMC's composite metals business, receives record $19 million order following close of first quarter BROOMFIELD, Colo., May 0

BROOMFIELD, Colo., April 17, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (NASDAQ:BOOM) will announce its 2024 first quarter financial results after the stock market closes on Thursday, May 2, 2024. Following the earnings release, executive management will host a conference call and simultaneous webcast. The conference call will begin at 5 p.m. Eastern (3 p.m. Mountain) and will be accessible by dialing 877-407-5783 (or +1 201-689-8782 for international callers). Investors are invited to listen to the webcast live via the Internet at: https://event.choruscall.com/mediaframe/webcast.html?webcastid=Er1jouXt The webcast also will be available on the Investor page of DMC's website, located at:

Fourth quarter sales were $174.0 million, flat versus Q4 2022Net income attributable to DMC was $2.8 million, while total net income was $3.6 millionAdjusted net income attributable to DMC* was $5.2 million, or $0.26 per diluted shareAdjusted EBITDA attributable to DMC* was $19.6 million, while total adjusted EBITDA, inclusive of non-controlling interest (NCI), was $23.3 millionFree-cash flow* was $15.0 millionFull-year results include record sales, adjusted EBITDA attributable to DMC, and free-cash flow performance BROOMFIELD, Colo., Feb. 22, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (NASDAQ:BOOM) today reported financial results for its fourth quarter ended December 31, 2023.

BROOMFIELD, Colo., Feb. 05, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (NASDAQ:BOOM) will announce its 2023 fourth quarter and full-year financial results after the stock market closes on Thursday, February 22, 2024. Following the earnings release, executive management will host a conference call and simultaneous webcast. The conference call will begin at 5 p.m. Eastern (3 p.m. Mountain) and will be accessible by dialing 877-407-5783 (or +1 201-689-8782 for international callers). Investors are invited to listen to the webcast live via the Internet at: https://event.choruscall.com/mediaframe/webcast.html?webcastid=hzNWxwom The webcast also will be available on the Investor page of DMC's w