Dmc global provides business and strategic review update; announces governance changes

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.
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