![]() Selling, general and administrative expense (SG&A) was $29.4 million. The improvements reflect higher selling prices at Arcadia, and higher sales volume on fixed manufacturing overhead expenses coupled with higher average selling prices at DynaEnergetics. ![]() Second quarter gross margin was 31% versus 27% in the first quarter and 26% in the second quarter a year ago. The increases reflect stronger North American and international demand for well perforating products from DynaEnergetics, DMC’s energy products business. DMC acquired a 60% controlling interest in Arcadia on December 23, 2021.Įxcluding $76.5 million in sales from Arcadia, second quarter sales were $89.4 million, up 26% sequentially and up 37% versus the second quarter of 2021. This year’s first and second quarter results include contributions from Arcadia, a leading supplier of architectural building products. Second quarter sales were $165.8 million, up 20% sequentially, and up 153% versus sales in last year’s second quarter. (Nasdaq: BOOM) today reported financial results for its second quarter ended June 30, 2022. 04, 2022 (GLOBE NEWSWIRE) - DMC Global Inc. Second quarter adjusted EBITDA attributable to DMC* was $22.4 million, up 113% sequentially and up 198% versus Q2 2021īROOMFIELD, Colo., Aug. Second quarter adjusted net income attributable to DMC*, inclusive of $7.6 million in non-cash amortization expense for Arcadia purchased intangible assets, was $5.6 million, or $0.29 per diluted share ![]() Second quarter net income per diluted share, inclusive of adjustment for redeemable noncontrolling interest, was $0.20 Second quarter net income attributable to DMC was $5.6 million Second quarter consolidated gross margin improved to 31% from 27% in Q1 2022 and 26% in Q2 2021 Second quarter sales were $165.8 million, up 20% sequentially and up 153% versus Q2 2021Įxcluding the acquisition of Arcadia, sales were $89.4 million, up 26% sequentially and up 37% versus Q2 2021
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